The mining newspaper for Alaska and Canada's North

Gold prices top US$1,000-an-ounce mark

NovaGold executive offers insight into the precious metal's outlook and resulting implications for the mining industry

Gold shone brightly through the financial tempest that caused base metal prices to plummet and sent stock markets tumbling during the past year. Neither the global financial meltdown of 2008, nor the market stabilization of 2009 has impeded the upward trend of gold prices as they have steadily climbed to new all-time highs.

Gold has been running with the bulls since 2001 when the average ounce of...

 

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