North Bay Resources Inc (NBRI)

[gemstone57]

Gold is likely to hit $1,650 an ounce by the end of the year and could even hit $1,700, according to one analyst.


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"The continuing sovereign debt crisis in Europe, and in the U.S. there is the possibility of further stimulus, so all this generates an environment that is positive for gold," Ong Yi Long, investment analyst at Phillip Futures told CNBC Monday