Gold to hit 2,000 US Dollars per ounce in 2012: AnloGold

Source: Marketwatch
The gold's price is likely to surpass 2,000 US Dollars per ounce in 2012 amid strong demand from emerging economies as India and China, said Mark Cutifani, CEO of AngloGold Ashanti Ltd. The average price for the yellow metal is expected to fall in range between 1,700 US Dollars and 1,800 US Dollars per ounce, he added. He also admitted that the precious metal is likely to continue fluctuate on the headlines from the US and the Euro Zone.


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