PRECIOUS METALS HIGHLIGHTS: Top Stories Of The Day

Kazakhstan, Turkey and Belarus topped up their official gold reserves in January, resulting in another bullish month of net central bank purchases in the bullion market, according to data from the International Monetary Fund Monday.

 
UPDATE: Sweden Gold Reserve Jump 'A Data Entry Error' - IMF 

LONDON (Dow Jones)--The International Monetary Fund Monday said it had mistakenly released figures showing a near-15% jump in Sweden's official gold reserves.

 
Paulson Tells Clients Gold Fund Will Top Others: Source - Bloomberg News 

Hedge fund manager John Paulson told investors Friday at a meeting at New York's Metropolitan Club that his Gold Fund will outperform his other strategies over a five-year period, Bloomberg News reported on its website Saturday, citing a person with knowledge of the matter.

 
 STORIES OF INTEREST: 
 
Zimplats: Zimbabwe Rejects Portion Of Indigenization Plan 

MELBOURNE (Dow Jones)--Impala Platinum Holdings Ltd.'s (IMP.JO) Zimbabwean unit, Zimplats Holdings Ltd. (ZIM.AU), said Monday it been given 14 days to make progress in transferring a shareholding to a national fund in order to meet the southern African country's indigenization law or else face unspecified enforcement.

 
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PRECIOUS METALS: Comex Gold Slips As Euro Worry Boosts Dollar 

NEW YORK (Dow Jones)--Gold futures ticked lower for a second session Monday, as the latest set of euro-zone debt worries cast doubt on the durability of the metal's recent rally.

-By Matt Day, Dow Jones Newswires; 212-416-4986; [e-mail]