Gold will rise in price by 50% by early 2011 and nearly double by 2020, as investors see it as a way to insure the risks of inflation against the backdrop of weakening U.S. dollar, resulting Bloomberg agency views of some analysts.

Gold will rise in price to $ 2000 per ounce in the next decade due to weak dollar, cites the opinion of the well-known investor Jim Rogers Bloomberg.

Investors see gold way to insure the risk of inflation, says the creator of a number of commodity indices, the founder and head of the Singapore Rogers Holdings.

People are printing money, and gold becomes more expensive, - said Dzh.Rodzhers, adding that he personally prefers to invest in real assets such as raw materials.

I do not sell gold, - said the expert - the reasons to buy gold can be very much when the time comes. Dzh.Rodzhers said that could increase investment in this metal.

agree with him and other investors. John Brindzholfsson, chief investment officer at California Armored Wolf LLC, also believes that gold prices could rise to $ 2000 per ounce.

Gold - the currency of the de facto, - said partner Logic Advisors William O 'Neil from New Jersey. The acquisition of gold, analysts believe, is a step towards safety and quality.

the beginning of 2011 gold may reach a level of $ 1650 per ounce, as an alternative to investing in a weakening dollar, certain commodity investor Tanzanian Royalty Exploration Corp. James Sinclair.

Dzh.Sinkler said that a huge amount of liquidity has been poured into the financial system is not only the U.S. but the entire world that led to the fall of the dollar. In addition, analysts say, talk about what the Gulf countries, supported by China, Russia, Japan and France are planning to give up to trade oil from the calculations in dollars and move to the basket, which includes the yen, euro, yuan, gold, and a new single currency of the Gulf countries, also do not contribute to the American national currency.

In addition, as soon as a seasonal surge in demand for gold in India could lead to an increase in the value of this precious metal. India is its largest importer and annually imports about 800 tons of gold, representing about a quarter of world production.

Gold price sets record for third straight day against the backdrop of weakening the dollar. At auction in Singapore on Thursday gold traded at $ 1,055.49 an ounce. The December contract on delivery of gold at the auction in New York rose to $ 1,056.7 an ounce. Since the beginning of the year gold has risen in price by 16% and can rise in price by year-end the ninth consecutive year.