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Anglo Asian Mining PLC

Gold expected to surge even higher on back of global economic weakness

Mining Capital's Alastair Ford discusses what he describes as the stunning rise in gold as it's moved through $1500 this week.

''There are some pundits around who think it'll go higher, $1525 is the next target they're setting''.

''I think there is some likelihood it will go higher - the real driver behind this is the weakness in the global economy and the strange movements in the international bond markets''.

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Price: £1.62

Market: AIM
Market Cap: £185.32 m
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Mining Capital's Alastair Ford charts continued strength in gold price

Mining Capital's Alastair Ford addresses suggestions gold could be heading towards a new high of $2000/oz. ''I think that's quite an ambitious target to be setting at this point ... the next breakout number $1525/oz and thereafter the chartists will look for something like $1560/oz''. ''If...

on 16/8/19

2 min read