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

To: Enigma who wrote (47418)	1/24/2000 7:39:00 PM
From: Alex	Respond to of 116759

Hi. How about $286 at 2.5X.

To: Enigma who wrote (47418)	1/24/2000 8:18:00 PM
From: long-gone	Respond to of 116759

<<Any guesses on the price and times oversubscribed? >> At a custom jeweler today I heard the number 3.3X, though, no price was "guessed".

To: Enigma who wrote (47418)	1/24/2000 9:25:00 PM
From: Alex	Read Replies (1) \| Respond to of 116759

Gold in tight range before auction REUTERS -------------------------------------------------------------------------------- Gold remained in its recent range in early European trade yesterday before today's British gold auction. Gold fixed in London at US$287.45 an ounce, against $287.75 on Friday afternoon. Spot gold eased to $287.35-$287.85 from $288.80-$289.40 in New York on Friday. Market participants expected a quiet auction with a low subscription level. Dealers said gold failed to break through the key $290 level a number of times last week but price moves after the auction might see bullion head higher. "The relatively narrow $5 trading ranges that have typified the market for most of January could be about to change as each of the Bank of England auctions to date has been followed by a major price move," Standard Bank London said. It said United States funds seemed to have been buyers over the past week, which could indicate that the funds expected a break higher after the auction. "Certainly participation from this sector would help to ensure a positive result," it said. Earlier in Hong Kong, spot gold closed at US$288.10-$288.60 an ounce. Tael gold finished HK$6 weaker at $2,671. scmp.com