GFMS Sees $2,000 Gold by Year-End

Gold is likely to reach $2,000 per ounce by the end of 2011, according to
precious metals consultancy firm Thomson Reuters GFMS. In its Gold Survey 2011
Update 1, released this morning, GFMS reported that rising investment demand is
likely to lead to further gains in the price of gold. Earlier this year GFMS was
acquired by Thomson Reuters, hence the addition to its name. The Gold Survey
2011 Update 1 marks the first research report published since the acquisition.