Barrick Gold Predicts Gold Price Hike in 2013

Mining Weekly reported that Barrick Gold forecasts for gold prices to rise to $2 000/oz in 2013.

As quoted in the market report:

If demand continues to rise, which we think it will through China buying more gold, more investment demand for gold, (and) central banks continuing buying more gold rather than selling as they used to, I feel quite comfortable predicting that gold prices will within the next year be at $2 000, perhaps higher,” Sokalsky said.

To view the whole Mining Weekly report, click here.