Tue, Oct 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Price Watch, Research more

Harmony sees gold at $1,850 in 2012

Posted on 25 October 2011

Harmony Gold sees the price of the commodity to average close to the record spot highs of September in 2012, but doesn’t bank on its peers’ views of sustainable prices north of $2,000/oz. Releasing its annual report for the 2011 financial year on Monday, Harmony said it was expecting the gold price to be around $1,850/oz in its next financial year, as gold continued to entrench its function as a store of value and a currency.

“Our belief in gold remains steadfast and we are forecasting continued high dollar prices in our next financial year, especially given a weaker dollar and global economic uncertainty,” CEO Graham Briggs wrote in his review………………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 37561 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031