Standard & Poor's expects persistent strength in metals prices including $750
gold and $2.75
copper over the next few years.
But S&P's base-case metals prices include $750 per ounce
gold from 2008 through 2010, with $650/oz
gold in 2011 and $500/oz
gold in the long term. For
copper, the analysts predict $3.25/lb for 2008, $2.75/lb in 2009-10, $2/lb in 2011 and $1/lb for the long term. [
right, copper cathode plates. Credit Freeport McMoRan Copper & Gold]