VIDEO from PricewaterhouseCoopers LLP Available on Global Mining Companies Predict Gold Rush in 2011, According to PwC's 2010 Global Gold Price Survey Report

Dec 17, 2010, 13:54 ET from

NEW YORK, Dec. 17, 2010 /PRNewswire/ -- See video from PricewaterhouseCoopers LLP at:  

Mining companies in Canada and globally are predicting high gold prices to continue throughout 2011, according to PwC's 2010 Global Gold Price Survey Report released on December 17. The study reveals that concerns over embattled currencies, particularly the US dollar and Euro, are helping to drive the price of gold up. Large deficits and rising levels of debt have placed pressure on the traditionally strong global currencies, so that more countries may continue to turn to gold as a substitute to holding weakening foreign currencies. Resource-rich countries may increasingly look at gold investments to limit increases in the value of their currencies by expanding money supply to make such purchases. However, the current price of gold is still far below the high of 1980 in real terms, according to PwC's new report, which also shows that 82 percent of gold producers expect their forecasted production levels to increase throughout 2011.

About delivers free broadcast- and streaming-quality video and multimedia content directly to media around the world, 24/7. More than 25,000 media outlets in 190+ countries use, including the AP, BBC, CNBC, CNN, France 24, N24,, RAI, TVE, ZDF and a lot more.  

Registered journalists can preview and download video, audio, text, graphics and photos at

If not already registered, please take a moment to sign up - registration is quick, easy and free:

We are always happy to receive your feedback, suggestions or enquiries. Email us at

Story Id: 21049