Has gold hit a bottom?
Gold is on course for a rise of about 10 percent for 2011 -- its tenth straight annual gain. But it is down almost 20 percent from a record $1,920.30 US per ounce in September and is on track for its first quarterly loss in more than three years. Wayne Atwell, Analyst at Rodman & Renshaw, tells BNN gold has more upside and could rise as high as $2,400 an ounce in 2012.
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