AngloGold CEO: ‘Gold Prices To Hit $2,200 An Ounce By Next Year’

September 19, 2011 3:38 am

We have spotted multiple gold statistics before. We spotted this today:

” The chief executive of AngloGold Ashanti Ltd (ANGJ.J) (AU.N) said he expects gold prices to hit $2,200 an ounce by next year and hinted the South African miner could boost its dividend.

The bullish forecast from CEO Mark Cutifani on Sunday comes as the uneasy economic landscape — including an unstable euro, recently hamstrung Swiss franc and tenuous U.S. debt situation — push investors into the precious metal.”

Statistics Source: Reuters

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