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Tuesday, 04/07/2009 11:02:35 AM

Tuesday, April 07, 2009 11:02:35 AM

Post# of 237
PRECIOUS METALS HIGHLIGHTS: Top Stories Of The Day -
23 minutes ago
LONDON (Dow Jones)--Global gold mine output fell 3% in 2008 to
a 12-year low, U.K.-based GFMS Metals Consulting said Tuesday.

LONDON (Dow Jones)--Gold prices could easily trade above $1,000 a troy ounce in the coming months
and may even trade above $1,100/oz from investor demand,
but the rise won't be a straight line, U.K.-based GFMS Metals
Consulting said Tuesday.

LONDON (Dow Jones)--Net sales of gold by central banks and
other official institutions fell by 49% in 2008 to 246 metric tons,
U.K.-based metals consultancy GFMS Ltd. said Tuesday.

LONDON (Dow Jones)--World gold jewelry fabrication fell 10%
in 2008 as jewelry demand was hurt by high prices and
the slowdown in the global economy, U.K.-based
metals consultancy GFMS said Tuesday.

LONDON (Dow Jones)--The global supply of scrap gold rose 27%
to a record high of over 1,200 metric tons in 2008,
U.K.-based metals consultancy GFMS Ltd. said Tuesday.

LONDON (Dow Jones)--U.S. domestic gold mine production
was 20,500 kilograms in January, up 5% from 19,600 kg
in December, the U.S. Geological Survey said Tuesday.

Tanzania's 2008-09 gold exports for the year ending February
increased 5% on year, the Central Bank said Tuesday.

LONDON (Dow Jones)--Spot gold bounced back Tuesday as
lower prices drew physical buyers back into the market,
overcoming a strengthening dollar.

-By Michele Maatouk,
Dow Jones Newswires; 44-207-842-9447;
michele.maatouk@dowjones.com

http://www.goldcorp.com

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36531257


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