Gustke, Constance A.
October 1988
Fortune;Fall1988 Special Issue, Vol. 118 Issue 10, p40
The article forecasts on the value of gold in the U.S., as well as in the international markets. The main factors that affect gold's value are the rebound of the U.S. dollar and the decline of oil prices. Gold experts predicted a trading range between $450 and $500 in 1989 while William Siedenburg of Smith Barney Inc. expected that prices of gold would fall to $385.


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