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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.80

+0.9%

Nov 19 4:00 PM EST

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To: Machaon who wrote (46756)	1/6/2000 12:03:00 PM
From: lorne	Read Replies (1) of 116763

Canada government sells no gold in December OTTAWA, Jan 6 (Reuters) - Canada's central bank did not sell any gold in December, leaving gold holdings at 1.8 million ounces, the Finance Department said on Thursday. Canada's gold holdings stood at US$524 million on Dec. 31, down from US$526 million at the end of November. The valuation is based on the Dec. 30 London p.m. gold fix of US$290.25 per ounce -- $1.10 an ounce lower than the previous month. The Canadian government has a policy of gradually selling off its gold reserves and replacing them with interest-bearing instruments. biz.yahoo.com

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