SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Roebear who wrote (41180)9/27/1999 10:02:00 PM
From: Roebear  Read Replies (1) | Respond to of 116796
 
Alex,
Honest, I didn't see this blurb or any other with price targets above $300 before I made my post.
Drat, and note the time, they beat me to it, but then they are 4-5 hours ahead (ggg).
Excerpt:

tampabayonline.net

Gold price surges after European central banks limit sales

LONDON (AP) - A group of European central banks triggered the biggest one-day increase in gold prices in 13 years Monday with a
surprise plan to put a cap on their planned sales of gold bullion.

Gold peaked at $285 an ounce in London Monday, more than $16 above the price of $268.60 in late trading Friday. The price fell back
to $278.90 in late London trading and was $281.90 in New York late Monday.

Rhona O'Connell of T. Hoare Canaccord, a London-based brokerage specializing in precious metals, said she expected the central
banks' strategy to help push gold up to $320 an ounce by the end of the year.

Best Regards,

Roebear