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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: John Hunt who wrote (34520)	5/26/1999 7:28:00 AM
From: John Hunt	Read Replies (2) of 116779

Gold falls to fresh 20-year low in Europe << Dealers said market sentiment remained weak with gold under pressure from fund selling and options-related activity ahead of Wednesday's expiry in over-the-counter (OTC) options. ''Although physical demand is very strong, the prevailing mood in the market is negative with dealers focusing on the large purchase two weeks ago of $265.00 puts. This price will be the target for the bears,'' said Standard Bank London on its website ( standardbank.com ). >> biz.yahoo.com

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