Demand for real metal astonishes participants at LBMA conference in Montreal

``The conference, which enjoyed a record attendance in excess of 500, predicted that gold would be trading at $2,019 a troy ounce at the time of next year's meeting in November 2012... The delegates at the LBMA conference have a strong record of predicting the trajectory of the gold price, although their forecasts have traditionally been overcautious. Last year, with gold trading at $1,298 an ounce, the conference predicted a price of $1,450. On Tuesday, bullion was trading at $1,805.70, down from a record peak of $1,920 in early September.''