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


To: long-gone who wrote (55632)7/3/2000 7:37:51 AM
From: lorne  Respond to of 116756
 
SWISS GOLD: SNB revalues gold reserves, 473.9 mln Sfr loss
Zurich--July 3--The Swiss National Bank revalued its remaining gold reserves
at June 30 market prices, the bank said Monday. The market price was 15,291
Swiss francs per kilo on May 1, when the SNB started its gold sales; the price
as of June 30 was 15,107 francs per kilo. This resulted in a paper loss of 473.9
million francs, the
bank said. The next revaluation is at the end of the third quarter, Sept. 30.
(Story .13086)
crbindex.com