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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: goldsnow who wrote (36449)7/3/1999 10:12:00 PM
From: PaulM  Respond to of 116759
 
COURT THREAT TO UK GOLD AUCTION

"Under the 'single price' mechanism...all successful bidders will receive their gold at the lowest successful price. Bids are expected from central banks...The sealed bid sale, scheduled for Tuesday, is said to be four times oversubscribed with bids at or just below the current spot price...."

(That is, the "free market" price. ;-))

telegraph.co.uk:80/et?ac=000626415357098&rtmo=LiiLNtdd&atmo=99999999&pg=/et/99/7/4/cngold04.html