Gold prices are poised to reach new highs in the next year amid global economic uncertainty and a lack of new supply, the biggest producers said.
Gold may exceed $2,000 an ounce within 12 months, Barrick Gold Corp. Chief Executive Officer Jamie Sokalsky and Chuck Jeannes, CEO of Goldcorp Inc., said this week in interviews in Denver, where they were attending the Denver Gold Forum. A gold price of $2,000 is “not unreasonable,” Newmont Mining Corp. CEO Richard O’Brien said in a presentation at the conference.
