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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (22789)8/12/1999 12:23:00 AM
From: Shelia Jones  Read Replies (2) | Respond to of 99985
 
Gold used in coinage and jewelry is alloyed with other metals to give it the necessary hardness. Even coinage gold is 90 parts gold to 10 parts silver.

What kind of jewelry are they making with pure? Would think it would be pretty darn soft to wear.

>>not the 14K crap sold in the US.
...After putting meet on the table they buy 24K jewlery.

Regards,

Shelia
(owner of U.S. crap)<g>



To: Haim R. Branisteanu who wrote (22789)8/12/1999 9:21:00 AM
From: j.o.  Read Replies (1) | Respond to of 99985
 
Haim,

Just me curious...what is the consumption of gold like in the Middle East? I would imagine that gold producing nations are going to be feeling the turbo-boost of the oil price in their nations' economies, and that's got to drive demand for the goods they like.

Question is - are they significant consumers?

Cheers,

j.o.
indextrade.com


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