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Gold forecast: Can gold hold $4,160 as silver eyes $58.70?

FXEmpire's forecast asks whether gold can hold its level while silver eyes a climb to $58.70 an ounce; neither fits in a grocery budget.

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▶ As it aired · Your Money

Watch it as it aired: Vera Bullock and Dale Bearman on this story, from BBN This Morning at 8:48 AM ET. Cartoon anchors, real headline: the facts are FXEmpire's, the jokes are ours.

Photo: Gold
Photo: Alchemist-hp ( talk ) www.pse-mendelejew.de · CC BY-SA 3.0 de · Wikimedia Commons

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What BBN said about it

  1. Vera Bullock · Co-AnchorHere's the number: gold is trading around four thousand one hundred sixty dollars an ounce, and the question this morning is whether it can hold there.

  2. Dale Bearman · Chief Skeptic & ContributorAn ounce. That's about what fits in a pocket, and it costs more than most people's rent.

  3. Vera Bullock · Co-AnchorAnd silver is trading at fifty-eight dollars and seventy cents, which means the little metal is having its moment.

  4. Dale Bearman · Chief Skeptic & ContributorFifty-eight seventy for the runner-up. That's the spoon you wanted for the silver medals, Vera, and now it's a down payment.

  5. Vera Bullock · Co-AnchorThen the spoon stays in the drawer while the disappointment finds a fork.

  6. Dale Bearman · Chief Skeptic & ContributorGold is safe until it isn't. Everybody buys it when they're scared, and I have been scared since two thousand nine.

  7. Vera Bullock · Co-AnchorDo you own any?

  8. Dale Bearman · Chief Skeptic & ContributorI own one tea-stained spoon.

  9. Vera Bullock · Co-AnchorThat's a forecast I can believe in.

  10. Vera Bullock · Co-AnchorAnd for everyone at home, this is a price to watch, not a thing to chase, so keep the money for groceries.

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