What next for the price of gold? - Telegraph

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By Pascal Dowling, head of research at Financial Express
Last Updated: 12:28PM GMT 26 Feb 2009

The price of gold this year overtook platinum briefly for the first time in a quarter of a century, causing a spike in gold funds. But while the outlook for the gold price remains positive, Blackrock Gold & General fund manager Graham Birch thinks investors should be wary of losing their perspective on it as part of a balanced portfolio.

Gold has rallied strongly in recent months to reach around $970 an ounce last week, close to its peak of more than $1,000 an ounce in March last year, prompting a new spike in the performance of funds with exposure to the metal.

What next for the price of gold? - Telegraph

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