Dive for cover hoists gold price

By RAY HEATH
Updated: 00:00 BST, 19 December 2002

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AUSTRALIAN 採掘 在庫／株s bounded ahead today after the price of gold 急に上がるd in Asian markets as war-用心深い 投資家s dived for cover. Markets were also depressed by 塀で囲む Street's 夜通し 証拠不十分 に引き続いて Micron 科学（工学）技術's 利益（をあげる）s 警告, which took the Nasdaq 負かす／撃墜する 2.2%, while 経済的な 関心s knocked 1% off the Dow Jones.

In Hong Kong, bullion prices broke though $350 an ounce for the first time since 1997 in morning 貿易（する）ing, up from New York's 夜通し の近くに of $342 and London's afternoon 直す／買収する，八百長をする of $338.

In Japan, the Nikkei 225 普通の／平均（する） touched 8256, its lowest since March 1983, before some 勇敢に立ち向かう punting の中で bank 在庫／株s 解除するd it to 8387.57 for a の近くにing 伸び（る） of 43.56 points.

Although 利益（をあげる） taking later took some of the 向こうずね off the gold price, Australia's smaller gold 鉱夫s 発射 up by as much as 10% in Sydney. As 投資家s 緊急発進するd to take advantage of the bull market in bullion, 株 of little-貿易（する）d 在庫／株s such as Resolute 採掘 急に上がるd, while Newcrest 採掘 and Sons of Gwalia both put on more than 3%. But the flurry of 取引，協定s in the 部門 did little to 推進する the broader market and the All Ordinaries 辛勝する／優位d up 2.2 points to 2959.2.

航空機による 在庫／株s 苦しむd from Middle East 緊張s and the rising oil price, and fell ひどく for a second day. In Hong Kong, Cathay 太平洋の lost 2%, Singapore 航空機によるs dipped 1%, while Japan 航空機によるs dropped 4.5%.

Other Japanese 在庫／株s continued to を煩う the poor 明言する／公表する of the economy after the 政府 finally 認める last night that the 選ぶ-up of earlier this year had faded. The burst of realism was 支援するd up by the 日本銀行, which said there was now 相当な 不確定 about the chances of a 回復. Merrill Lynch 追加するd more gloom this morning with a 予測（する） of 無 growth next year, although it saw a gentle acceleration in 2004.

Strength の中で banking 在庫／株s stemmed the 拒絶する／低下する in Tokyo after 報告（する）／憶測s that a new 基金 would be 設立するd to help them 荷を降ろす bad 負債s. UFJ Holdings 答える／応じるd with a 7% climb. There was also a flash of gold fever in Tokyo as Sumitomo Metals and 採掘, the country's largest 生産者, rose 3%.

The dive by Cathay 太平洋の 株 helped 押し進める the Hang Seng 索引 負かす／撃墜する 66.34 points to 9482.31, while other Hong Kong blue-半導体素子s were 傷つける by jitters over the 衝撃 of a war with Iraq.

中国's major oil 生産者, CNOOC, continued to 利益 from the price rise for the fourth day running, 追加するing another 1%. にもかかわらず the 損失 done to 半導体素子 在庫／株s in the US 夜通し, Taiwan's 半導体 部門 held up on 推定する／予想するd 回復 next year and the 負わせるd 普通の／平均（する） 索引 前進するd 13.30 points to 4549.23.

But there was no escape for Singapore's 科学（工学）技術 companies and 借り切る／憲章d 半導体, the island's major 半導体素子 生産者, fell by more than 2%, although some late morning 取引 追跡（する）ing erased 早期に losses to leave the 海峡s Times 索引 up a thin 0.33 at 1334.99. Malaysia's Kuala Lumpur 合成物 索引 was 事実上 motionless, up 0.11 at 635.92, while Thailand's SET 索引 struggled ahead 0.49 to 351.11. Indonesia's Jakarta 合成物 伸び（る）d 8.0 points to

414.39. South Korean markets were の近くにd.

? Prices and indices in this section are 供給（する）d from さまざまな sources and calculated at different times and may not always match those 名簿（に載せる）／表（にあげる）d in the （米）棚上げする／（英）提議するs.