StockGuru Blog: Dutch Gold Resources (DGRI) – Gold Going Strong
Stock Guru Profile News Blogs If comments at the London Bullion Market Association’s annual conference in Mumbai are anything to go by, the outlook for gold is very positive. Alan Heap, managing director of Citigroup Investment Research, said in Mumbai that the true super cycle for gold hasn’t even begun yet, and expected the precious metal to average $850/oz in 2007 and possibly $1,000/oz next year. Gold Fields Mineral Services said it sees gold back at $850/oz by the end of the year, while the World Gold Council told the conference that demand for gold would be strong through 2007…