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


To: Enigma who wrote (36568)7/5/1999 9:22:00 PM
From: Alex  Respond to of 116753
 
UK gold seen well subscribed

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Jul. 6-MAR-- [B] BRIDGE UPDATE--PRECIOUS METALS: UK gold seen well subscribed

Jul 06--0045 GMT ........................................................................ .. .... TOP STORIES: FIRST UK GOLD AUCTION SEEN WELL SUBSCRIBED, BUT AT WHAT PRICE? London--Jul 5--Tuesday"s first auction of UK Treasury gold is expected to be well subscribed. But opinions on the immediate market reaction to the auction vary, with some camps expecting bids above the present market value and a short-covering rally, and others expecting bids at or below present market levels to see the auction "go unnoticed" or even depress prices. (Story .15038) ........................................................................ .. ....