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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: mikesloan who wrote (514)	7/14/1997 8:44:00 PM
From: John Barendrecht	of 116779

London daily gold turnover just down in June-LBMA LONDON, July 14 (Reuter) - The average daily turnover of gold cleared through London fell slightly in June to 32.2 million ounces per day from 32.4 million in May, according to figures issued by the London Bullion Market Association on Monday. In value terms the daily average was also lower at $11.0 billion, from $11.1 billion in May. It was the lowest average daily value since December last year. The average daily silver volume cleared in June rose sharply to 270.5 million ounces from 236.6 million in May, while the average daily value cleared rose to $1.3 billion from $1.1 billion in May. The average number of transfers in June for gold was 1,105 compared with 1,154 in May. There were 513 silver transfers on average up from 455 in May. The average afternoon gold fixing price in June was $340.76 per ounce, down from May's $343.84, and silver's average fixing was $4.755 versus $4.759 in May.

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