Junior Rises 31% in Gold Rush ; Fund Focus

Mail on SundayMay 16, 2010

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Summary


GOLD prices hit record highs last week, driven by fears about the eurozone's stability and longer-term concerns about the national debts of big economies such as the US.

Demand for bullion, coins and related investments, such as exchangetraded funds backed by gold, surged worldwide. Shares in gold miners also rose, though not by as much as the gold price.

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Junior Rises 31% in Gold Rush ; Fund Focus

This lag effect was particularly true of shares in smaller compa...

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