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


To: goldsheet who wrote (52017)4/27/2000 10:11:00 PM
From: Alex  Read Replies (2) | Respond to of 116759
 
Newmont CEO says gold price below $300/ounce not sustainable
New York--April 27--A continued gold price below $300 an ounce is not
sustainable given the strong fundamentals in the market, said Ronald Cambre,
Newmont's chairman and CEO. Cambre said demand is very strong for gold and the
gap in supply and demand is just going to widen throughout this year. On
Thursday, Jun gold closed up $1.3 at $278.4. (Story .25837)