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Where is the gold price heading?

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Gold is something that humans have decided is a valuable asset so where is the price going? This was the subject of debate at the Dubai Precious Metals Conference at Almas Tower in JLT today. Panelists taking part in the debate were moderator Saana Azzam, MKS Precious Metals DMCC; Andy Smith; Christoph Eibl of Tiberius Group; Philip Klapwijk of Precious Metals Insights Limited, and Ross Norman of Sharps Pixley.

Will the price go up to $3,000 in 2014 or down to $1,000? The audience at the Dubai Precious Metals Conference voted 59 per cent to 41 per cent in favour of a move towards $3,000 in 2014 – a bullish audience.
 
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