Barrick Gold CEO: Expect More Volatility

Gold held near record highs Thursday, sitting just below $1,300 an ounce [XAU=X 1297.0 3.50 (+0.27%) ], and Aaron Regent, president and CEO of Barrick Gold [ABX 46.71 --- UNCH (0) ], the world’s largest producer of the precious metal, told CNBC to expect more price action to come. “There are a lot of price supportive factors, which should support the price of gold and encourage it to go higher,” he told CNBC.