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Gold/Mining/Energy : Gold Price Monitor

GDXJ 90.35

+0.4%

Nov 6 4:00 PM EST

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To: ild who wrote (79607)	11/26/2001 10:20:20 PM
From: Secret_Agent_Man	Read Replies (1) of 116753

Asian gold opens higher, firm ahead of BoE auction Updated Tues 11/26/2001 22:56 EDT * Spot gold, edging higher ahead of Bank of England auction later on Tuesday, chiefly on weakness in the U.S. dollar, but traders said many Asian countries' currencies showing further weakness which will dampen overall demand for gold; * Technically, gold resilient in face of poor momentum, hanging tough atop support band at US$270-US$273, analysts said; * Spot gold <XAU=> opened in Hong Kong at US$272.90/3.40 an ounce at 0100 GMT, higher than New York's last quoted US$272.70/3.20; * At 0230 GMT, spot gold was trading a notch higher at US$273.00/3.50. kitco.com

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