Gold on the up and up

THE price of gold is tipped to rise as far as US$475 an ounce by the end of the year, according to a survey of the market by the Reuters news agency.

Gold on the up and up Gold on the up and up Gold on the up and up Gold on the up and up Gold on the up and up

Much of the gain will be tied to the continued weakening of the US dollar. On Thursday, gold hit $US450/oz at almost the same time that the US dollar hit a record low of US$1.

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