Mon, Sep 15, 2014
A A A
Welcome kbr175@gmail.com
RSS

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

Gold may extend rally to record $2,200 an ounce, AngloGold Ashanti says

Posted on 26 October 2011

Gold could “easily” rise to $2,200 an ounce in the next two years as costs increase and global financial concerns persist, said the chief executive officer of AngloGold Ashanti Ltd. (AU), the third-largest producer of the metal.

“It costs almost $1,200 to produce an ounce of gold,” Mark Cutifani said at a conference in Perth today. “The gold price probably reflects the fundamentals of the industry.”……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 36905 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930