Merrill Lynch

Most analysts also expect that the precious metal will rise in price, though not so much: according to the median forecast of 20 analysts surveyed by Bloomberg, the average price per troy ounce in 2009 will be $ 910, and four of them predict that by year-end gold price will rise to 1 thousand dollars hampers their optimism that fact that gold becomes more expensive for the eighth consecutive year, this is the greatest period of growth since 1949. And since 2001, its value against the dollar has tripled. But even skeptics believe that the dynamics of the gold price will be higher than the overall market. At Merrill Lynch believe that gold will rise in price as in inflation, and deflation, the threat which the West has risen sharply after the rate cuts by leading central banks and the fall in commodity prices. "Gold is a good feel for the period deflation, when the background of fear and mistrust in the financial system increases the purchasing power of money and asset values fall "- agrees analyst Julian Phillips.

An ounce will also rise in price in the event of a possible weakening dollar. "When there is no confidence in the currency, gold retains its value. People will treat it as an alternative investment, "- said the Bloomberg analyst AltVest Worldwide Trading Tom Hartmann. Appreciation of the precious metal will be promote and further economic turmoil. "We must prepare for a repetition of the problems in other regions, in other markets and in new forms.