Christopher Wyke, Product Manager for Emerging Market Debt, Commodities & Currencies, Schroder Investment Management, shares his outlook for gold
•Correction unlikely, gold is driven by investor sentiment and less by supply and demand
•Gold in 2010 isn’t going to fall much. Gold to US$1,500/oz if USD weakens, and possibly $2,000/oz in the next 12 mths
•Recent bad news for gold (stabalising economy) doesn’t seem to affect gold much