Newmont Expects Gold to Rise as a Hedge, Demand
Investing News Network - January 28th, 2011
Reuters reports that Newmont Mining Corp. (NYSE:NEM) expects gold prices to rise in 2011 as a hedge and on demand from emerging countries, such as China, its chief executive said on Friday.
Reuters reports that Newmont Mining Corp. (NYSE:NEM) expects gold prices to rise in 2011 as a hedge and on demand from emerging countries, such as China, its chief executive said on Friday.
The market news is quoted as saying:
Copper for delivery in three months was up 0.5 percent this week at $9,489.25 a metric ton as of 5:27 p.m. yesterday on the London Metal Exchange.