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

To: Crimson Ghost who wrote (57497)	8/21/2000 7:53:28 AM
From: lorne	Respond to of 116770

SNB GOLD: SNB reserves down 112.7 mln Sfr to 37.874 bln Sfr Zurich--Aug. 21--The Swiss National Bank disposed of 112.7 million Swiss francs' worth of its gold reserves in the second 10 days of August, it announced Monday. This is equivalent to around 7 tonnes, slightly below analysts' expectations that the SNB would dispose of about one tonne daily until end-September, when new quotas take effect. The SNB's stated goal of selling a total 120 tonnes by then may require heavier sales in the coming weeks. (Story .11724) crbindex.com