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


To: Ahda who wrote (60134)10/25/2000 12:05:37 PM
From: Daveyk  Read Replies (3) | Respond to of 117320
 
Bridge News
European central banks might increase gold reserves
Tokyo--Oct. 25--European central banks might increase their future gold
reserves and reduce exposure to the "risk-free" assets available in the global
market, Herve Ferhani, head of the foreign exchange division of Banque de
France said on Wednesday at the Nikkei Gold Conference in Tokyo. He said he
sees United States bonds and gold as global risk-free assets and added that
gold is one of the few options available to replace the US bond, or even the
only option.
( Story .14426 )