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Goldplat plc

Gold prices could reach $2,000 by the end of the year

Gold prices can continue to climb even after they hit a multi-year high last week, a global investment strategist said Monday.

In fact, prices are set to “reach $2,000 by the end of the year,” predicted David Roche, president and global strategist at London-based Independent Strategy.

Spot gold prices hit $1,422.85 on June 25, their highest in more than six years. Last week, gold futures also were at their highest since August 2013, reaching $1,417.70.

Goldplat plc (LON:GDP) is an AIM-listed, profitable gold recovery services company with two market leading operations in South Africa and Ghana.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.