AngloGold CEO Won’t Rule Out $2,000 an Ounce Gold Price

The video discusses the rise in gold prices due to the coronavirus, highlighting gold's role as a safe haven during economic uncertainty. It examines the potential impact on gold mining operations and explores future price projections, emphasizing the importance of maintaining business discipline despite market changes.

What is one reason gold is considered a safe haven during the coronavirus outbreak?

• Gold prices are stable regardless of economic conditions.

• Gold is a physical asset that can be easily transported.

• Gold is seen as a hedge against scarcity and economic concerns.

• Gold prices are unaffected by global supply chain issues.

How might the coronavirus impact gold mining operations?

• It will have no impact on gold mining operations.

• It could disrupt global supply chains affecting operations.

• It will cause a decrease in gold demand.

• It will lead to an increase in gold production.

What are the supply and demand fundamentals for gold?

• They are positive, supporting a rise in gold prices.

• They are unpredictable, causing volatility in gold prices.

• They are neutral, having no effect on gold prices.

• They are negative, leading to a decrease in gold prices.

What is the projected future price range for gold according to the discussion?

• $2500 to $2600

• $2000 to $2100

• $1700 to $1800

• $1500 to $1600

What is the company's approach to rising gold prices?

• They are changing their investment strategies.

• They are maintaining their current business discipline.

• They are increasing their operational costs.

• They are reducing their gold production.