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Gold/Mining/Energy : Gold Price Monitor

GDXJ 104.50

-2.0%

4:00 PM EST

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To: marek_wojna who wrote (72666)	6/30/2001 9:25:29 PM
From: lorne	of 116798

Pak market flooded with smuggled jewellery SHAHID IQBAL .......KARACHI : The local gold market has been flooded with smuggled jewellery from the Middle East and Far Eastern countries, wiping out the government's revenue and slashing thousands of jobs. " The World Gold Council believes that about 50 tonnes gold jewellery are being smuggled into the country whose annual consumption of gold is about 120 tonnes." " .......Import of 50 tonnes of jewellery means that 10,000 Pakistanis could get jobs to produce it locally, viewed the WGC official." Full story >>> brecorder.com

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