“Gold price will probably do better in the second half of 2014 than was predicted,” says Ubika Research Senior Analyst Vikas Ranjan
By April 4, 2014– Published in on
Vikas Ranjan, Senior Analyst at Ubika Research, tells SmallCapPower.com “Our outlook for the gold price is that it will range from US$1200 to $1600 in 2014 but will close the year at about $1400 per ounce,” in today’s interview. Mr. Ranjan talks about the impact of China overtaking India as the largest consumer of gold in the world, outlines the types of gold exposure every investor should have, and mentions one gold junior in particular that is well funded with the potential to be Ontario’s next gold producer.
Some of the companies mentioned include Alamos Gold Inc. (TSX: AGI), Argonaut Gold Inc. (TSX: AR), Treasury Metals Inc. (TSX: TML), and Dynacor Gold Mines Inc. (TSX: DNG).