View of the Day: Gold shines on

“We believe that higher gold prices will lift silver and platinum in sympathy, and we have made large upgrades to our forecasts for these metals too. We now see silver averaging $14.75 an ounce this year, compared with our old forecast of $8.40. For platinum, we have lifted our forecast for 2009 to $1,050 an ounce from our old forecast of $900.”