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.
To read the full market news, click here.
