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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: JD who wrote (4868)	12/29/1997 9:46:00 AM
From: JD	Read Replies (2) of 116759

Update on recent POG slide. Found this short piece on CNNfn's Bridge News site regarding recent downard trend in metals. ************************************************************************** 12/29/97 METALS: Silver prices fell overnight during Asia's extremely thin trading of today's Dec OTC option expiry. COMEX Mar silver was also down sharply in sympathy and was traded down 9 cents at $6.26 per ounce at 1110 GMT. Prices were pressured by selling from Asian dealers who anticipate falls in Europe and the US later today ahead of the December OTC option expiry. Dealers said options below US $6.25 per ounce would likely be exercised.

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