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Gold/Mining/Energy : Gold Price Monitor

GDXJ 108.90

+4.2%

Dec 9 4:00 PM EST

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To: John Hunt who wrote (23894)	12/7/1998 11:40:00 AM
From: John Hunt	Read Replies (1) of 116805

Gold surges then stalls on U.S. fund interest biz.yahoo.com << LONDON, Dec 7 (Reuters) - Gold jumped $5.00 on Monday as U.S. funds hit the market to cover their positions, spiking above $297.00 before dropping nearly half its gains by the end of European trade, dealers said. London gold fixed higher at $295.55 a troy ounce in the afternoon, up on the morning's $292.35, whilst moving back off its session highs. -- cont'd -- >>

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