PRECIOUS METALS

Jewellery, US dollar drives gold

STRONG consumer demand continues to underpin the gold market, helping the price of the precious metal hit a seven week high overnight at $US435 an ounce.

Tim Treadgold
Jewellery, US dollar drives gold

In two separate developments, the World Gold Council in London said jewellery demand jumped by 7% in 2004, while on the markets gold was pushed higher by freshly enthusiastic metal traders. The WGC...

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