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Gammon CEO tells CNBC gold price rise to $1,500 by fall

  • By Kevin Bell
  • March 23, 2011
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Gammon Gold Inc. Chief Executive Officer Rene Marion said in an interview with CNBC that he expects the price of gold to reach $1,500 an ounce by this fall and $1,800 at some time after that.

The price of silver will follow and “surpass” gold’s performance, Marion said.

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