Read More: Special gold report
- Publishing Date
- 09 Jul 2010 12:28pm GMT
- Author
- Mining Journal
MJ Read More
The Mining Journal website this week includes a special 70-page report on gold from Erste Group.
In what is its fourth annual report on the sector, the Vienna-based group describes last year as “an exciting and lucrative year for gold investors”.
Erste notes that its “first target price, of US$1,300/oz, was almost reached”, but adds that its new target is US$2,300/oz.
Erste’s report notes that the gold price increased by 24% year-on-year, and broke the US$1,000/oz mark “on a sustainable basis”.
This year, “and beyond”, according to Erste, “should turn out even more interesting for gold”.
Visit: www.mining-journal.com/readmore
In what is its fourth annual report on the sector, the Vienna-based group describes last year as “an exciting and lucrative year for gold investors”.
Erste notes that its “first target price, of US$1,300/oz, was almost reached”, but adds that its new target is US$2,300/oz.
Erste’s report notes that the gold price increased by 24% year-on-year, and broke the US$1,000/oz mark “on a sustainable basis”.
This year, “and beyond”, according to Erste, “should turn out even more interesting for gold”.
Visit: www.mining-journal.com/readmore
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