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Gold/Mining/Energy : Gold Price Monitor

GDXJ 107.29

-0.9%

4:00 PM EST

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To: long-gone who wrote (58526)	9/20/2000 9:36:19 PM
From: Ahda	Read Replies (1) of 116791

September 20 2000 BUSINESS NEWS sunday-times.co.uk September 20 2000 Treasury gold sold for $217m Another 25 tonnes of gold was auctioned yesterday as part of Treasury plans announced last July to auction up to 415 tonnes to reduce its reserves of the precious metal. The Bank of England said that 804,000 ounces of gold had been sold for $270.6 (£193) an ounce, raising a total of $217 million. So far 200 tonnes have been auctioned. July's sale of 25 tonnes raised $224.9 million at a higher price of $279.75 per ounce. The price is in dollars which is self explanatory!

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