Wordlist

shortage		нехватка, дефицит
to implement		выполнять, осуществлять
to warn		предупреждать
ration		рацион, продовольствие
to scrap		отдавать на слом, выбрасывать
assessment		1) оценка; 2) обложение, сумма обложения
trend		тенденция, направление
distortion		искажение, искривление
sufficiency		достаточность
vendor		продавец

Newspaper item 11: Renewed Fund Buying Pushes Gold Higher

Translate the newspaper item from English into Russian. Use the wordlist and a dictionary.

Gold was $312.20 a troy ounce at London bench-mark afternoon fixing, its strongest since My 24 and $6.45 above Tuesday's afternoon fix.

Gold has been languishing in recent weeks. The market built up a long position in the metal – the highest since 1999 – but in June profit-taking set in.

Yesterday, the funds seemed to be showing more interest in gold again.

There was good fund buying, and the price moved through $311.20, which is its 100-day moving average. In doing so we think it triggered short covering. That could be what took it as high as $314 at one point,' said Ross Norman, metals analyst.

He added that better rainfall in India might improve the outlook for the harvest and therefore increase income available to buy gold. India is the largest gold consumer.