Gold Rally To Extend Into 2011, Fear Persists

LONDON - Gold prices are set to mark an eleventh year of gains in 2011 as investors seek refuge from an uncertain global economic outlook, with analysts revising up expectations sharply in a Reuters' survey released last week.

A poll of 55 analysts and traders showed expectations for gold prices in 2011 have risen by nearly 7 percent to a median $1,228 an ounce, from a forecast of $1,150 in a similar survey conducted in January.

For 2010, expectations for gold have risen by 4 percent to a median $1,197.00 an ounce from $1,150.50 in January, when market watchers were forecasting prices to rise this year before plateauing in 2011.

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Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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