'Gold may break records and hit $2000/oz in 2012'

NEW YORK (Commodity Online): The year 2012 will be a grand year for gold, positioning the precious metal for its 11th straight year of gains, said Hunter Wise Commodities, a precious metal wholesale dealer firm. Although Gold prices have fallen 16 percent since reaching a record $1,900 an ounce in September, financial analysts across the globe predict that prices will sky rocket in the year ahead.