PRECIOUS METALS

Gold rally not forever: GFMS

AS THE gold price continues to hover at record levels, the end of its bull cycle might be just around the corner, according to Paul Walker, head of precious metals analysis group GFMS.

Kate Haycock
Gold rally not forever: GFMS

Walker told the Mining Indaba 2008 conference yesterday that he believed the gold price – currently at record highs – could fall below cash costs in the medium-term. “When you look at the supply and...

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