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Re: GOLDMAN007 post# 8172

Wednesday, 02/11/2009 9:07:01 AM

Wednesday, February 11, 2009 9:07:01 AM

Post# of 14062
If gold breaks the $930 mark, it could rise to as high as $950 an ounce in the short term, said Ashraf Laidi, chief market strategist at London-based CMC Markets. Most analysts are projecting gold to rise above $1,000 this year, as safe-haven buying and demand for gold as a hedge against inflation are expected to continue.

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