Investors ain’t seen nothing yet when it comes to the value of gold, a top mining executive said after the precious metal reached a record-breaking price this week.

Gold could climb to $5,000 an ounce within a year – and double that by the end of the decade — Randy Smallwood, chief executive of Wheaton Precious Metals Corp., told Bloomberg Television on Friday .

“I’m confident that we will see gold over $5,000 within the next year,” he said. “It’s a trajectory that could easily put it up to $10,000 an ounce before the end of the decade. It wouldn’t surprise me at all.” 3

The prediction came as spot gold has been soaring upward this year, surpassing $4,000 an ounce on Wednesday for a new record price. After a dip, gold futures jumped 1.3% to $4,022 on Friday.

Wheaton, which pro

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