Precious metals will have a bullish sentiment in 2012

The gold and silver are likely to gain more appeal in 2012 despite strengthening of the US dollar, reported Deutsche Bank. The market conditions for gold with bullish outlook in last decade are likely to continue in 2012 amid high equity premium in the US, negative property rates and gold purchasing of the central banks, the bank added. The gold will achieve $1,750 an ounce in the Q1 next year and $2,000 in the last two quarters. Silver will approach $37 in Q1 in 2012 and will end the year with $44, according to Deutsche Bank.