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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject9/12/2001 9:37:41 AM
From: gold$10k  Read Replies (2) of 36161
 
The Bank of England announces that the gold on offer (approximately 20 tonnes or 643,200 ounces) has been allotted in full at a price of $280.00 per ounce. Details of the result are as follows:

Amount of gold on offer (approx.) 643,200 oz
Amount applied for 2,755,200 oz
Times covered 4.3 times
Amount allotted to bidders 644,400 oz
Allotment price $280.00

bankofengland.co.uk
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