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


To: Alex who wrote (51429)4/14/2000 7:28:00 PM
From: goldsnow  Respond to of 116759
 
Gold futures rallied Friday as investors flocked to less-volatile investments in precious metals amid a broad decline in equity markets.....

Funds are starting to liquidate short positions," Meger said. "Why? Significant equity market weakness is one good reason. They're net short in the market right now and we knew they were unwilling to add much to their positions below $280 to $282 level. They're liquidating because they're unwilling to stand in front of any type of flight to quality buying

cbs.marketwatch.com

PS Less volatile???? <ggg>