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NEM Nemetschek SE

97.70
-0.60 (-0.61%)
15:12:48 - Realtime Data
Share Name Share Symbol Market Type
Nemetschek SE TG:NEM Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.60 -0.61% 97.70 98.25 98.40 98.20 97.10 97.65 561 15:12:48

Newmont Executive: Gold Has Bullish Market Fundamentals

05/08/2009 8:53am

Dow Jones News


Nemetschek (TG:NEM)
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Gold's market fundamentals are bullish, based on falling output at Western mines and ongoing uncertainty in global financial markets, Newmont Mining Corp.'s (NEM) regional group executive for Asia Pacific said Wednesday.

Miners are increasingly moving into less safe jurisdictions, leaving global output to plateau.

Investment in gold exchange traded products has been key to pushing gold prices up, Philip Stephenson said at the Diggers and Dealers forum.

-By Elisabeth Behrmann, Dow Jones Newswires;

612-8272-4689, elisabeth.behrmann@dowjones.com

 
 

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