Gold Highlights

STEVEN BUTLER, Canaccord Genuity (06/15/2009)
"Gold fell 1.7% last week to $939.30/oz, partly on U.S. dollar strength. Speculative net long positions decreased 1.7% to 201,359 contracts, down from 204,883 the week previous. SPDR Gold Trust holdings were unchanged at 1,132.15 tons.

The S&P/TSX Global Gold Index decreased 4.6% last week to 308. The best weekly performers were: Red Back (+5.8%, BUY), New Gold (+1.7%, BUY) and Franco-Nevada (+1.0%, Not rated)."

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