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Gold/Mining/Energy : Gold Price Monitor

GDXJ 92.99

+2.9%

Nov 7 4:00 PM EST

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To: Archie Meeties who wrote (62295)	12/28/2000 8:29:07 AM
From: lorne	Read Replies (1) of 116753

Gold's revival hinges on US rate of growth. " The analysts say that while this is good for economic growth globally, it is less beneficial for gold, which is struggling with a strong dollar and buoyant equities markets that reduce its investment appeal. Analysts say the decision by the Bank of England, the Swiss National Bank and the central banks of several other European countries to reduce significantly their gold holdings in favour of other investments will continue to act as a drag on sentiment towards the metal. " Full atory >>> bday.co.za

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