| Gold may rise to $2,500 an ounce in three years as investors buy the metal as a hedge against inflation, said Richard O’Brien, chief executive officer of Newmont Mining Corp. (NEM), the second-biggest producer by sales.
Demand from central banks on price dips will probably help create a floor for gold prices at around $1,600, O’Brien, 58, said in a phone interview yesterday from Las Vegas, where he’s attending the MINExpo conference...............................................Full Article: Source
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