(Bloomberg) -- Gold may advance to a record on speculation that central banks and investors will purchase the metal to hedge against a declining dollar, a survey showed.
Seventeen of 23 traders, investors and analysts surveyed by Bloomberg, or 74 percent, said bullion would rise next week. Four forecast lower prices and two were neutral. The metal for delivery in December was up 4.8 percent this week at $1,090.20 an ounce at noon yesterday in New York.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aN2HqKSLIdek
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