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Gold/Mining/Energy : North American Palladium(AMEX:PAL)- PGM Producer

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To: PHILLIP FLOTOW who wrote (651)8/1/2000 8:46:19 AM
From: Sleeper  Read Replies (2) of 976
 
Pd US $835/oz.!

[B] Europe Precious Metals Review: Gold quiet, palladium strong
By Gavin Maguire, BridgeNews
London--Aug 1


Palladium's all-time high fix came on the back of a strong performance
on TOCOM overnight where daily price limit-up was reached. Spot metal
continued to hover in the $830 region this morning, and further gains are
expected over the coming days as demand remains robust and Russian
material remains scarce, dealers said.
Platinum was dragged higher in palladium's wake, and spot metal
hovered around the $587-590 area in thin trade this morning. Immediate
resistance lies initially at $590, with $600 and all time highs lying
beyond.

Sleeper
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