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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

4:00 PM EST

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To: Real Man who wrote (73927)	7/25/2001 10:30:57 AM
From: lorne	Read Replies (3) of 116756

Gold set for boost from dollar, says bank By Reuters. July 24 2001 21:06GMT " The price of gold is expected to move higher over the next three years, boosted by a weakening US dollar, stronger world demand for the precious metal and limits on gold sales, a study released by Toronto-Dominion Bank said on Tuesday. " " The study by the bank's economics department said the US dollar, in which the gold price is usually expressed, is expected to depreciate by 5 per cent on a trade-weighted basis next year, raising the price of gold by a similar amount. " Full story >>> news.ft.com

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