Experts believe that in 2011 the upward trend in gold prices will continue. In addition, the competition this alternative currency assets could reach other precious metals, reports Euronews. "We believe - said analyst Bob Parker - that gold will trade in 2011 ranging from $ 1400 per ounce, we are now very close to this mark, and up to $ 1500. Quite clearly one - gold will go up, but the pace of price growth will be lower than in the past two years. " Analyst Jeffrey Christian of CPM Group forecasts that gold will go up only in the first quarter of next year and in subsequent quarters of its value may drop to $ 1200 per troy ounce. Gold prices for the second consecutive day, remain above $ 1400 dollars. Psychological threshold has been overcome in the auction on Tuesday, when gold prices added 1.5% to 1405.60 dollars.
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