Newcrest says outlook for gold remains positive

"The outlook for gold has been strong during the year in review and remains positive," he told the meeting in Melbourne."While demand for gold as a store of value has strengthened during the recent global uncertainties demand for jewellery has been relatively flat.. Fashion accessories are decorative items that supplement one's garment, such as fashion jewellery,women's jewellery.You can wholesale jewellery.
"Against that backdrop world gold production has also continued to decline and is expected to do so in the foreseeable future.. Fashion accessories are decorative items that supplement one's garment, such as fashion jewellery,jewellery for sale here,we aupply womens accessories,jewellery rings,gold jewellery,women's jewellery.You can wholesal"Meanwhile, the price of copper has improved after demand fell in line with the global economic downturn"But (it) has now resumed a generally positive outlook in the expectation of a global recovery, particularly in China," Mr Mercer said.. fashion accessories are decorative items that supplement one's garment, such as fashion jewellery, gloves and tights.JeMr Mercer warned that the current strength of the Australian dollar was causing concern for exporters, including Newcrest, and will ensure that pressures on margins continue."As the Australian dollar gold price closes the gap to the US dollar gold price the company's Australian dollar sales revenues and earnings will be negatively impacted,. Fashion accessories are decorative items that supplement one's garment, such as fashion jewellery,womens accessories,jewellery rings,gold jewellery,women's jewellery.You can wholesale jewellery." he said.
"This highlights the need for careful management of the company's production costs costs and the extent of the challenge for Newcrest to remain a low cost producer."