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/ 17 January 2008

Survey: $1 000 gold possible in 2008

"We have to start viewing $1&nbsp;000 as a clear possibility for later this year," precious-metals consultancy GFMS said on Thursday. Releasing its <i>Gold Survey 2007: Update 2</i>, the consultancy projected an average gold price of $840 an ounce over the first half of 2008 with further increases possible later in the year.

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/ 17 January 2008

Survey: China knocks SA from top gold-producer spot

Emerging global superpower China has dethroned South Africa as the world’s largest gold producer after 102 years of holding the prestigious title, precious metals consultancy GFMS said on Thursday. GFMS executive chairperson Philip Klapwijk drew attention to this historic event at the launch of GFMS’s <i>Gold Survey 2007 — Update Two</i>.