Whether or not gold prices will continue their upward trajectory is the “million dollar question” being assessed by the investment community. Since the metal’s price gains have accelerated, investors split into two separate camps: those who think the metal will see a correction and those who think that the metal’s rally is just getting underway.

As 2011 passed by, and gold continued to break through resistance and scale new highs, more analysts adopted the opinion that gold would continue its ascent. Analyst John Bridges summarized this point very succinctly when he said “Some people may argue that $1,600 an ounce is the top of the bubble,” in a report. Obviously, this report is now a few months old. $1,600 was one of those key psychological price points that spurred questions over a “gold bubble.” However, just as soon as those concerns were raised gold prices shot up. This past Tuesday gold broke another key price record when it zoomed past the $1900.00 per ounce price point.

Read the rest of this article: http://goldinvestingnews.com/17623/gold-q4-outlook.html