PRECIOUS METALS

GFMS: Gold to average US$274/oz over next six months

BRISBANE: The gold price in the first half of 2001 will stay in the US$260-290 range and average US$274, as some support from dollar weakness is balanced by the impact of slowdown in the US economy and continued supply-side pressure.

MiningNews.Net

London-based commodity research and consulting group Gold Fields Mineral Services (GFMS) today released its Gold Survey 2000 - Update 2. GFMA managing director Philip Klapwijk told a conference in Canada...

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