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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Most miners see $2,000 gold next year

Posted on 22 December 2011

Majority among gold miners see the precious metal to hit $2000 at some where next year,according to a PricewaterhouseCoopers survey. The survey said miners are raising dividends and looking for takeover deals with expectations the price of gold will head even higher next year.
John Gravelle, the Canadian mining leader at PwC, says the shares of gold companies haven’t increased as much as the price of gold, so they’re facing increased competition for investors’ dollars………………………………………..Full Article: Source

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VRS - who has written 37533 posts on Opalesque Commodities Briefing.


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