Tuesday, February 21, 2012

$2,000 Gold by April amid “Continual Growing of Demand”

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tdp2664 The price of gold is likely to reach a new all-time record nominal high of $2,000 per ounce by April of this year, according to Huntington Asset Advisors’ Peter Sorrentino. In a recent Bloomberg interview, Sorrentino – a senior fund manager at Huntington – discussed his bullish short-term outlook for the yellow metal. “Gold had a very substantial run early last year and has gone through a corrective phase,” he noted.



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