Currency fluctuations may reassert theirinfluence on the bullion market in the near future, bullion
bankers Samuel Montagu and Co Ltd said in a market report.
    But the firm said silver may lag behind gold in any
reactions to movements on foreign exchanges.
    "OPEC's failure to address the recent decline in oil prices
remains a worrying factor however, and on balance it appears
that the market should be approached cautiously," Montagu said.
    The bank said the US economy has shown no noticeable
long-term improvement and that both Latin American debt and the
Iranian arms affair could undermine confidence in the dollar.
 Reuter
