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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (2592)7/7/2000 3:37:24 PM
From: John Pitera  Read Replies (1) of 436258
 
just joking.... so the BoEnglands gold sale next week
is not dampening gold that much.....

Gold shares were lower and futures prices were barely changed Friday in quiet trading ahead of Wednesday’s planned Bank of England auction.

On the Commodities Exchange division of the New York Mercantile Exchange, August gold fell 80 cents to $283.80 an ounce and September silver fell 1.8 cents to $5.035 an ounce.

On Wednesday, the Bank of England will sell 25 metric tons of gold in the second of six planned sales that will be held through March 2001.

In the equities market, the Philadelphia Gold and Silver Index ($XAU: news, msgs) and the CBOE Gold Index ($GOX: news, msgs) fell by 1.3 percent and 1.8 percent, respectively.

Shares of Battle Mountain Gold (BMG: news, msgs) fell 1/16 to 2 1/16 and shares of Newmont Mining (NEM: news, msgs) lost 1/4 to 20 in recent trading.

Comex gold warehouse stocks, as of late Thursday, were flat at 1,890,140 ounces. Silver stocks were unchanged at 102,712,845 ounces.
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