North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By Curt Freeman
For Mining News 

Gold prices forecast to dip in 2014

Alaska production is on track for another robust year; output could surpass state's annual record of nearly 1.07 million ounces

 

Last updated 4/27/2014 at Noon



GFMS formerly known as Gold Fields Mineral Services) recently announced their outlook for gold prices in the coming months, estimating average 2014 gold prices in the US$1,225 per ounce range.

The price forecast is 13 percent less than the 2013 average of US$1,411/oz. Physical demand, including official sector purchases, came in at an all-time high of 4,957 metric tons in 2013, a 15 percent i...



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