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Gold firms on hopes of Greek deal

Gold firms on hopes of Greek deal

Gold gained half a % on Wednesday, on course for its biggest one-day rise in a week, on hopes Greece would deliver on a commitment to implement tough austerity measures and on China’s pledge to keep investing in euro zone government debt. Bullion rose in line with gains in the euro and equities on optimism...
Gold prices could "easily breach $2,000" - AngloGold

Gold prices could “easily breach $2,000″ – AngloGold

JOHANNESBURG Feb 15 (Reuters) – World gold prices could “easily poke through $2,000″ an ounce this year, AngloGold Ashanti chief executive Mark Cutifani said on Wednesday. In a conference call with reporters after the release of fourth quarter earnings, which fell far below expectations, Cutifani said he saw the price of bullion averaging $1,700-$1,850 throughout...