From MarketWatch:
Global Hunter Securities raised its average gold price forecast for 2013 and 2014 on Wednesday, and said that gold prices can surpass $2,000 an ounce by early next year.
“The U.S. Federal Reserve, through multiple initiatives and actions, consequently has become gold’s best friend during the past four years,” Jeffrey Wright and Richard Hastings, strategists at GHS, said in a report. And “the commitment from the Federal Reserve to maintain an accommodative policy until 2015 … provides a strong foundation for what we expect will be continued gains in gold prices into 2014.”
