1.   An investigation by the city council found that the rare metals were being priced at a small fraction of their value on the world market.

2.   A stronger yen makes gold less expensive for Japanese investors because the metal is priced in dollars.

3.   In addition, most metals are priced in U.S. dollars, and the companies the fund invests in should be regarded as dollar-earners.

4.   Pechiney, Eramet and Metaleurop are particularly sensitive to the dollar, since metals are priced in the U.S. currency on world markets.

5.   Russian producers said they have prepared a study they hope will prove their metal is priced fairly and should not be subject to limitations, the paper reported.

6.   When the dollar rises, gold becomes more expensive for overseas buyers because the metal is priced in U.S. dollars.