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Gold Prices: Up Or Down?
Analysts and traders are offering mixed views on where cash and futures prices in gold may be heading.
Bulls cite seasonal strength, the belief world tensions will continue because of factors such as Iran's nuclear program and the potential for the dollar to continue its recent softening.
Bears wonder whether historically high commodity prices in general might start to wane and whether central banks will curtail inflation enough that some investors will stop using the metal as an inflation hedge.
Gold closed yesterday at $622 and has been in a tight trading range for the last few months.
Guys, Make sure your Crystal Balls have fresh batteries.
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