Barrick Gold Corp. fell$. 03 or. 2 percent, to $15.40. Gold Fields Ltd ADS fell$. 01 or. 3 percent, to $3.55. Newmont Mining Corp. fell$. 18 or. 8 percent, to $23.02.» Read More
CNBC's Sharon Epperson with details on gold's new high and what's driving up the precious metal.
Sean Fenton, Director at Tribeca Investment Partners, believes that mining services with exposure to Australia's capex boom and agriculture with leverage to emerging market consumption growth are offering the strongest growth potential at the moment.
Edward Dowling, CEO of Alacer Gold, is forecasting about a 20% increase in gold production by 2015.
Gary Halverson, Australia-Pacific Regional President at Barrick Gold, believes that hedging their production and operation costs against the Australian dollar will continue to help the company remain profitable.
David Flanagan, CEO of Atlas Iron, explains why he believes the new carbon taxes imposed on Australian miners are detrimental to business and investments.
Two analysts told CNBC Monday that in Wall Street's current tough environment, investors have to look to large companies for a safe haven, particularly if those companies have a lot of cash on their balance sheets.
Ian Murray, Chairman of Gold Road Resources, says finding quality deposits and improving operational efficiencies are the biggest concerns for mining companies.
Warren Gilman, Chairman & CEO of CEF Holdings, says a strong Australian dollar will dog the country's mining sector for years and the only way to hedge that is to try to get production offshore.
Newmont Mining Chief Executive Richard O'Brien said gold will go up to $1,750 an ounce in 2012, due to inflationary pressures and continued uncertainty in U.S. and European economies.
Commodities supplies may not be able to keep pace with demand in the future mining giant Anglo American wanred on Friday as it reported first half profits which smashed expectations.
Jay Taylor, President & CEO, Taylor Hard Money Advisors says gold prices will hit 1800 to 2000.
A play on the precious metal, with Brian Kelly, Fast Money contributor.
The price of gold could beat the record high of $1,609.51 an ounce it hit earlier this week, a fund manager told CNBC Thursday.
Worried about the health of the global economy? Dennis Gartman thinks doctor copper is making a critical prognosis.