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U S Gold Reserves Decline Amid International Flows
U S gold reserves continue to fall with about 300 million dollars shed so far this year bringing the Treasury stock to 13.4 billion dollars. France and other nations exchange dollars for gold at 35 an ounce plus fees while U S industry buys gold from the Treasury and Canada sells 100 million this year to aid market stability. The London pool remains unstable though demand keeps the market active. Wind and rain slow an aerial grasshopper spraying project in Lea and Chaves counties with 350 000 acres targeted and a 225000 dollar budget.
MENTIONED IN THIS ARTICLE
Treasury
United States
France
U.S
Canada
U.S. Treasury
London