Concerns over the fiscal situation in the United States are likely to push gold prices well beyond recent record highs, analysts have said.
GFMS, a leading independent precious metals consultancy based in London, forecast last week that gold would trade above $1,600 per ounce this year, a record nominal high.
A breakdown in faith in fiscal policy-makers and government handling of economic policies will continue to support the gold price and drive it higher, according to...
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