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Gold/Mining/Energy : Gold Price Monitor

GDXJ 134.74

-0.9%

Jan 21 4:00 PM EST

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To: IngotWeTrust who wrote (52204)	5/2/2000 8:19:00 AM
From: lorne	Read Replies (1) of 116898

ole 49r. Wonder if the gold had already been previously sold? SNB begins gold sales, to sell up to 120 tonnes by end-Sep Frankfurt--May 2--The Swiss National Bank began its gold sales Monday and intends to put a maximum of 120 tonnes of gold on the market by the end of September, the SNB said Tuesday. This is the first tranche of a program of sales totaling 1,300 tonnes of gold, the SNB said, adding that it has commissioned the Bank for International Settlements to sell the first tranche. (Story .11236) India's govt said to be considering a precious metals exchange Hong Kong--May 2--The Indian government, one of the world's major gold and silver buyers, is considering setting up a precious metals exchange, Riaz Patel, a director of India's transportation and precious metals trading group Natar Holdings told BridgeNews late Friday. He added the government told Natar Holdings, which has been lobbying for the setting up of the exchange, that it would start preparation work for the new exchange after the company demonstrates that it has recruited sufficient members to take part in trading. (Story .11439 crbindex.com

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