An FT.com article says UBS believes the price of gold in dollars could rise to $2,500 a troy ounce because the prospects of either deflation or inflation were â€œbecoming more extreme” and people are rushing to the safety of the metal (and away from paper). UBS also said the dollar price of gold could fall to $500, compared to the upside of $2500. To emphasize that the devaluation of the dollar is driving this change, the author could say the value of a dollar will decrease to 1/2500th gold ounces or .0004 ounces or .01 grams.
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