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Reuters Africa reported that African Barrick Gold (PINK:ABGLF) predicts gold prices could rise above $1500 per ounce.
Reuters Africa reported that African Barrick Gold (PINK:ABGLF) predicts gold prices could rise above $1500 per ounce.
The market news is quoted as saying:
The gold price, which hit a record $1,444.40 an ounce on March 7, has risen nearly 1 percent so far this quarter as unease over the outlook for global growth escalated after a wave of civil uprisings across the Middle East and after the earthquake and tsunami in Japan unleashed the world’s worst nuclear crisis in 25 years.
