$2,000 Gold by Q3 2012 as “Commodity Investment Flows Rebound,” Barclays Says

Gold is likely to reach a new all-time record high above $2,000 per ounce
during the third quarter of 2012, according to analysts at Barclays Capital. The
firm predicted that the yellow metal will rise 21% by the end of the year, which
would put it at approximately $1,892 per ounce. The broader commodities sector
is likely to post solid gains this year, Barclays contended, and precious metals
are expected to outperform base metals, energy, and agricultural products.