During a recent interview in Riyadh, Barrick Gold Corp. CEO Mark Bristow stated that the price of gold would stand firm in 2022, that is if they didn’t increase, as investors would use the precious metal as a hedge against inflation, favoring it over cryptocurrencies.
Bristow stated that the most likely scenario would be gold trading between $1,750 per ounce and above $1,800, noting that the price risk for the precious metal was on the upside while the…
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