By: Reuters
JPMorgan lifted its 2009 price forecasts for gold and silver on Friday and said new record highs for gold at $1,050-1,100 were likely in early 2010.In a research note, the bank said it has revised its 2009 price view for gold up to $948 an ounce from $939 an ounce predicted in July. It said it now sees silver at $14.30 an ounce, against a previous forecast of $13.90.
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