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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.03

+3.0%

Nov 7 4:00 PM EST

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To: Richnorth who wrote (76472)	9/14/2001 4:32:10 PM
From: Alex	Read Replies (3) of 116753

COMEX gold jumps on ACCESS before technical halt 9/14/01 12:00 PM Source: Reuters NEW YORK, Sept 14 (Reuters) - Gold futures rallied sharply Friday afternoon, tapping $300 an ounce in the first metals business conducted by COMEX since Tuesday's terror attacks on American soil. Friday's trades were conducted over the New York Mercantile Exchange's brand-new Internet version of its ACCESS after-hours electronic trading system, which was rushed into operation after COMEX and NYMEX were closed Tuesday. The session was supposed to run to 1700 EDT but was halted shortly after it started because of technical reasons. The December gold futures contract initially jumped more than $26 to $300 an ounce, its highest since May 21, catching up with the flight-to-quality rally in London since the exchange closed when the nearby World Trade Center was hit and destroyed by two hijacked commercial airliners. The contract immediately subsided to stand at $290 an ounce as of the halt to trade, still up $16.30. The December copper contract was last up 0.90 cent at 66.60 cents a lb. COMEX December silver rose 10.7 cents to $4.30 an ounce for trading halted. Copyright 2001, Reuters News Service investor.cnet.com

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