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

Barrick sees gold prices hitting $2,000/oz in 2013

Posted on 13 November 2012

Gold prices may hit $2,000 an ounce in 2013 as rising costs and production constraints hold supply in check, while demand from central banks and Chinese consumers keeps climbing, Barrick Gold Corp, the world’s biggest gold producer, said on Monday.
Barrick Chief Executive Jamie Sokalsky said supply would struggle to keep pace with rising demand as economic uncertainties and new investment tools in Asia drive more investors to the precious metal, boding well for prices………………………………………..Full Article: Source


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