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To: long-gone who wrote (35478)	6/17/1999 8:20:00 AM
From: Alex	Respond to of 116764

6/17/99 - Purchasing and Selling Prices of Gold Decreased <Picture> CHINA, June 17, AsiaPort -- The People"s Bank of China, according to the changes on the world market, have adjusted the purchasing and selling prices of gold recently several times. From May 20 to June 9, the bank made two adjustments, with decrease rates of 7.2 percent and 3.8 percent respectively. The purchasing price declined from 81.36 RMB yuan to 71.64 RMB yuan for each gram. As a result, China"s gold management system has come closer to market.

To: long-gone who wrote (35478)	6/17/1999 3:31:00 PM
From: Alex	Read Replies (4) \| Respond to of 116764

And the beat goes on...... la-di-da-di-da-di-da.................... IMF will try to minimize gold sales impact-Summers WASHINGTON, June 17 (Reuters) - Deputy Treasury Secretary Lawrence Summers assured lawmakers on Thursday that the International Monetary Fund would work to minimize any disruption to the gold market from the fund's sale of gold. ''I would commit to you that the department will work with the IMF in every way we can to assure that the mobilization of resources does not have a meaningful impact on gold prices,'' Summers said at a Senate Finance Committee hearing on his nomination as Treasury secretary. biz.yahoo.com