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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.93

+0.8%

4:00 PM EST

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To: Don Lloyd who wrote (39668)	8/27/1999 10:37:00 AM
From: mc	Read Replies (2) of 116845

Don, mostly I was curious about spreads charged by dealers. Some have standing quotes, for example: 1 ounce American Eagles bid = spot price - $4, ask price = spot price + $25. $29 seems like a large spread. Gold would have to rise more than 10% just to cover that spread. Is that common or am I just looking at the wrong dealers? Thanks, mc

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