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

To: Enigma who wrote (49436)	2/22/2000 7:06:00 AM
From: long-gone	Respond to of 116774

Monday February 21, 10:49 am Eastern Time Bullion trade slows in European PM, palladium off highs LONDON, Feb 21 (Reuters) - Business in European precious metals slowed on Monday afternoon, with U.S. markets closed due to the Presidents' Day holiday, Gold was hardly moving, and although pace-setting palladium shed $15 from its morning all-time high fix the market remained strong, amid renewed scepticism over Russia's ability to resume metal exports, traders said. ``The U.S. is closed today, so there is no real activity in the market-place this afternoon. All the action took place this morning,' one trader said. Spot palladium was fixed at $785.00 an ounce, $15 below its morning record of $800.00, but still 17 percent above Friday afternoon's fix. ``There is plenty of buying around...and it is evident that the buying is short covering,' analyst Ross Norman of Precious Metals Research said.(cont) biz.yahoo.com