Bart Melek, vice president and head of commodity research with TD Securities, also likes PGMs in the long term.

FORBES: Gold Seen Outshining Other Precious Metals In Coming Months Before PGMs Gain More Luster

Bart Melek, vice president and head of commodities research with TD Securities, also looks for gold to trade sideways for a little.

FORBES: Gold Choppy But Range-Bound After Bernanke Speech

Bart Melek, head of commodity strategy with TDS Securities, echoed similar sentiments, characterizing the upward GDP revision as unusually large for a third estimate by the government.

FORBES: Focus: Metals Slump On Year-End Liquidation, Scaled-Back Fed Expectations After GDP