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Gold/Mining/Energy : Gold Price Monitor

GDXJ 92.99

+2.9%

Nov 7 4:00 PM EST

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To: lorne who wrote (78233)	10/10/2001 10:46:30 AM
From: lorne	Read Replies (1) of 116753

Asian spot gold closed at $291.30/80 on Tuesday, higher than opening price at $291.00/1.50. The metal traded within the range of $291.00~$291.50. Trade volume was limited in Asian market. The metal lacked momentum to break resistance at $294 in the short term, disappointed bulls. It is believed that bullion would move higher only if new assault was launched on the United States or another target by Islamic militants. The metal has short-term support at $288.00 while resistance is at $294.00. Asian spot silver closed at $4.62/65 on Tuesday, higher than opening price at $4.61/64. The metal traded within $4.61~$4.63 for the whole day. g9999.com

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