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

To: Richard Mazzarella who wrote (50075)	3/6/2000 8:51:00 AM
From: lorne	Read Replies (1) \| Respond to of 116824

China Press: Gold market to be deregulated within 2 years Shanghai--Mar 6--China will deregulate its gold market within 2 years, the official English-Language China Daily's Business Weekly reported Sunday. As a first step, a gold exchange--if approved by the government--is expected to open in the near future, the Weekly quoted Wang Dexue, director-general of the Gold Administration under the State Economic and Trade Commission (SETC) as saying. (Story .10204) China Press: Domestic platinum prices, demand rise Shanghai--Mar 6--China's platinum demand is expected to continue rising owing to strong demand of platinum jewelry from the younger generation, while its rate of growth is seen capped as the Chinese do not see platinum as an investment tool like gold, the official English-language China Daily reported Monday. Domestic platinum prices have increased over the past few months in line with strong prices in the international market, the Daily's report said. (Story .10508) Canada cuts gold holdings by 90,000 ounces Ottawa--Mar 3--Canada's gold holdings were cut 90,000 ounces in February, as an earlier forward sale settled during the month, leaving gold reserves at about 1.55 million ounces. (Story .4821) crbindex.com

To: Richard Mazzarella who wrote (50075)	3/6/2000 9:07:00 AM
From: Alex	Read Replies (1) \| Respond to of 116824

<<Warburg Dillon Read analyst John Reade forecast in a report that the gold market deficit will be in excess of 300 tonnes in 2000. This would be the largest deficit in a decade. Warburg Dillon Read also revised its gold price forecast for this year, saying gold will average $315.00 an ounce from the previous forecast of $300.00.>> biz.yahoo.com