The mining newspaper for Alaska and Canada's North

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

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 increa...

 

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