of the rupee, which makes the metal more expensive for other currency holders.
But a return to gold at $1,900 an ounce and above is likely to require a stronger driver than those gold has so far seen.
What is likely to push gold prices higher than the previous spike? Sector Investment Managers Angelos Damaskos said. It could be a major crisis in the euro zone; if in the new year we find the new restructuring package for Greece is not enough, and Greece requires a new bailout; if we find Spain requires other money; if there are other big issues in the euro zone.