$US1000/oz next barrier for gold

CLAIMS by Newmont vice-chairman Pierre Lassonde in August that the gold price could hit $US1000 per ounce may be ringing a little louder, with the precious metal smashing through the $800/oz mark and set to challenge its all-time high this year.

$US1000/oz next barrier for gold $US1000/oz next barrier for gold $US1000/oz next barrier for gold $US1000/oz next barrier for gold $US1000/oz next barrier for gold

The spot price of gold rose 2.2% to close at $806.60 on Friday night after reaching an intraday high of $807.70/oz, while three-month delivery on COMEX firmed 1.8% to close at $808.

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