2013 gold forecast quote

There are fears that economic stimulus programs, implemented by governments and central banks will depreciate the currencies of those countries and will fuel inflation.

The price of gold will reach a new record next year, over $ 2,000 per ounce, whereas central banks will accelerate the money printing programs to support national economies, according to the head of metals trading division of Deutsche Bank, Raymond Key, quoted by Bloomberg. "We will exceed $ 2,000, we get up. This estimate is based on the view that (central banks, no) will continue to print money," said Key in Hong Kong, where he participated in the annual gold traders association in London. 

Gold goes to the 12 th consecutive year, amid fears that economic stimulus programs, implemented by governments and central banks will depreciate the currencies of those countries and will fuel inflation, says Tuesday. 

"Of all the metals, gold will be the best development," said the head of metals trading division of Standard Chartered Bank. 

Gold for immediate delivery, which reached a record $ 1,921.15 in September 2011, Wednesday trading at about $ 1,728, up 11% compared to earlier this year. From December 2008 until June 2011, gold rose by 70%, in the context of acquisitions of financial assets amounting to 2,300 billion run by the U.S. Federal Reserve (Fed). 

Fed announced in October that it would buy bonds backed by mortgages up to 40 billion dollars a month and will keep interest rates near zero until 2015 to support economic growth and employment. 

Bank of Japan extended a financial asset purchase program in October for the second time in two months, and the European Central Bank announced that it is ready to buy bonds of eurozone countries with financial problems.