Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Probart who wrote (47922)	2/4/2000 12:59:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116753

I just heard it is REAL! Is that blood in the water?

To: Probart who wrote (47922)	2/4/2000 1:03:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116753

DING DING DING DING Message 12773291

To: Probart who wrote (47922)	2/4/2000 1:08:00 PM
From: Alex	Read Replies (1) \| Respond to of 116753

*COMEX GOLD RISES PAST $300/OUNCE TO 10-WEEK HIGH ON FUND BUYING IN NEW YORK NEW YORK, Feb 4 (Reuters) - The active COMEX gold contract advanced past the $300 an ounce mark on Friday, reaching its highest since Nov 24 on fund buying and a rumor of mining company gold hedge repurchases, dealers said. "Basically, there was some very, very active fund buying on the back of that rumor this morning," said David Meger, metals analyst at Alaron Trading in Chicago. At 1233 EST, COMEX April gold was up $10.40 at $300.30 an ounce, having touched $300.50 off a low of $289.90. Spot bullion was quoted at $297.20/7.80, up from London's late fix at $293.65 and Thursday's New York close at $287.00/7.75. Bullion dealer buying started the morning move. It accelerated as stop-loss buy orders were executed in the April contract between $292.50 and $294, where one hedge fund bought in size, traders said. More stop-loss orders are expected above $301 and $302.50, they said. individualinvestor.com@NEWS-P1&ticker=&news=Precious+Metals