GFMS-Precious Metals Research & Consultancy

GFMS-Precious Metals Research & Consultancy Gold Survey 2007: The gold price will surpass the 1980 record average of $614,50/oz in 2007 and it could also breach 2006's 26-year high of $725. Whether it would get close to the all-time high of $850 is more doubtful, but it is expected that the upward price trend will continue on into 2008.