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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.80

+0.9%

Nov 19 4:00 PM EST

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To: Alex who wrote (30095)	3/16/1999 8:22:00 AM
From: lorne	Read Replies (1) of 116763

Mumbai--Mar 16--Gold demand in India, the world's largest consumer, will rise between 5% and 10% in 1999, but smuggling is also making a comeback, a World Gold Council official said today. "Demand is likely to be up between 5% and 10% in 1999 over the previous year," said Derrick Machado, financial institutions manager at the Geneva- based World Gold Council, an association of mining companies. By Agence France-Presse, Story .14912 crbindex.com

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