gold forecast $440 oz

0137 GMT [Dow Jones] Gold headed up toward $440/oz, on expectations Fed
adopting more dovish tone, which "could maintain a generally weak USD
environment for some time," says Numis Securities. Other supporting factors:
continuing strong demand; falling South African supply; continuing, though
slower, producer de-hedging; robustness to global events indicated by recent
tight trading range. Expects gold equities to gain as investors realize benefits
of forecast cash flow, production growth; recommends Peter Hambro Mining,
Randgold Resources, Frontier Mining, Ballarat Goldfields (Numis acts as broker
for Ballarat).(JAD)