SHANGHAI, Mar 24 (SMM) -As the European and American banking industries have fallen into crisis, and the Fed seems to be shifting its policy, some institutions believe that gold prices are likely to break through the previous high and stay at the high level for a long period of time.
Tina Teng of CMC Markets, a financial services company, believes the dollar and US bond yields will fall further. These factors will cause gold to surge again. She expects gold prices to trade between $2,500-2,600/oz.
