31. The leaders will probably duck a proposal to use gold held by the fund to relieve the debt of desperately poor countries. 32. The price decline, at the same time, has increased demand from jewelry makers and other manufacturers who use gold in their businesses, analysts said. 33. During the war, German diplomats and secret agents used the gold to finance activity in Turkey, the report said. 34. Gold is also used as a means of accumulating wealth. 35. Gold is usually used as a hedging tool against inflation. 36. Gold was commonly used in the former Soviet Union to fill teeth. 37. He also said any new funding from the United States to support the debt relief would not be forthcoming without final agreement to use gold. 38. If exporters can use the gold to make products before paying for the raw materials, the export performance of gem and jewellery will recover. 39. In addition, high domestic prices make Chinese jewelry, electronics and other products using gold less competitive in export markets. 40. The gold was used for the glittering ornaments archeologists have mined from Egyptian tombs. |