Showing posts with label global economic uncertainty. Show all posts
Showing posts with label global economic uncertainty. Show all posts

Wednesday, July 27, 2011

Gold price seen rising further by African Barrick Gold

FTSE 100 miner African Barrick Gold expects the price of gold to continue rising because of global economic uncertainty.

The company, the largest producer of the metal in Tanzania, said gold's attraction as a safe haven for investors means prices will grow further despite already clearing record levels of $1,600 per ounce.