B: KEYWORDS: $1 METAL COMMENTS $NF11PR N.Y. PRECIOUS METALS
B: KEYWORDS: $1 METAL COMMENTS $NF11PR N.Y. PRECIOUS METALS CALLED TO OPEN
STEADY TO HIGHER
-- December gold called unchanged to 50 cents higher
(revised from earlier call of 50 cents higher)
-- December silver called 1 to 2 cents higher
-- January platinum called $1 to $2 higher (revised from
earlier call of $2 higher)
-- December palladium called $2 to $4 higher (revised from
earlier call of $4 higher)
New York-Oct. 27-FWN--PRECIOUS METALS FUTURES ARE
called to open steady to higher here this morning, based on
trading overseas.
Silver is trading higher in London activity today after
a recovery in New York on Monday, reported Andy Smith,
London-based commodities analyst with Mitsui. He did note,
however, that there does not appear to be any particular
reason behind this move and trade is "extremely quiet."
"COMEX volumes in silver have been very, very thin this
month," said Smith. "So on any move in those conditions, the
temptation is always to make much more of them than is
actually the case."
Gold is up slightly in London, but appears to be stuck
between a 50-day moving average that lies just above $290
and a 200-day moving average around $295.
"Between the 50- and 200-day moving average, we're sort
of in this no-man's land," commented Smith.
While there is confusion in the market abou XX1A00
KEYWORDS: 1094 TABLE GRAIN CBT GRAIN DELIVERY TOTALS
Chicago-Oct. 27-FWN--THE FOLLOWING ARE THE CBT GRAIN delivery totals:
COMMODITY CONTRACT DELIVERY QUANTITY ASSIGNED LAST DAY
-- MONTH DAY TODAY ASSIGNED
-----------------------------------------------------------
Soymeal October 10/28/98 0 Lots 10/19/98
Soyoil October 10/28/98 0 Lots 10/21/98
-----------------------------------------------------------
Commodities in contracts or other units customary on Exchange.
*** end of story ***
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