Gold Likely to Surpass $1,650 This Year

5:40 PM ET Sun, 2 Jan 2011

Spot gold prices will rise to at least $1,650 in 2011, believes Juerg Kiener, CEO at Swiss Asia Capital. He explains his bullish outlook to guest host Tai Hui of Standard Chartered Bank, CNBC's Martin Soong & Sri Jegarajah.