THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Monday, June 19, 2000

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Commodities

Commodities
Gold prices consolidating
FOLLOWING the zig-zag movement in gold prices last week, with the prices remaining volatile between $285 and $293 per ounce, marketmen seem to be convinced that the yellow metal is in the process of consolidating and building a base around $285/oz. The official price on Friday last was $290.10/oz, a gain of two per cent over the week.


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