Gold could top US$2,500 an ounce and might even hit US$5,000, says Citigroup

Some useful mining picks in this piece -- ``Sovereign debt worries here in Europe and in the US could push the gold price up to US$2,500 an ounce, and possibly even as high as US$5,000 ounce, according to research from Citigroup. And analyst Heath Jansen likens the current, seemingly inexorable rise of precious metal to the bull run of the 1970s and 1980s... "When investors are hungry for gold, the metal has a habit of rising exponentially which has no parallel amongst metals," he said in a note to clients. ''