Will Gold Dip Below $1000?

Will Gold Dip Below $1000?

Assessment

Interactive Video

Business

University

Hard

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The video discusses the dynamics of the gold market, focusing on pricing forecasts, profitability of gold companies, and the two-tier market structure. It highlights the challenges faced by companies with high production costs and explores the potential for mergers and acquisitions as a strategy to address these issues. The discussion includes insights from analysts and industry leaders, emphasizing the need for cost management and market correction.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the forecasted price of gold by the end of next year according to ABN Amro?

$1000

$1500

$800

$1100

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many of the 19 gold companies analyzed are currently profitable?

7

9

12

19

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the break-even cost per ounce for Harmony Mining?

$1900

$1500

$1250

$1000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant challenge faced by the gold industry in terms of cost management?

Increasing gold prices

Inability to cut costs effectively

Excessive production

Lack of investment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the CEO of Randgold's concern regarding M&A in the gold industry?

Short-term view

High gold prices

Lack of buyers

Excessive profits