Friday, June 15, 2007

Gold clearing statistics fall in May - LBMA

(Reuters) - Gold ounces transferred fell 3.5 percent to a daily average of 19.5 million ounces in May, compared with the previous month, the London Bullion Market Association (LBMA) said on Friday.

Based on an average fixing of $666.86 an ounce -- $12.50 lower than in April -- value fell to a daily average of $13.0 billion from $13.7 billion the previous month.


Read more at Reuters Africa

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