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

To: long-gone who wrote (65630)	3/14/2001 7:21:37 AM
From: OVETUS	Read Replies (1) \| Respond to of 116766

GOLD is NOW at 265 MINUS 3 USD WHY? STock Fut are tanking also?

To: long-gone who wrote (65630)	3/14/2001 7:47:29 AM
From: lorne	Read Replies (2) \| Respond to of 116766

*DJ BOE Gold Auction: Bids Total 1.8M Ozs; Cover 2.2 Times (MORE) Dow Jones Newswires 14-03-01 1215GMT Last Of Current Tranche; Next In May LONDON (Dow Jones)--The Bank of England Wednesday auctioned 25.0 metric tons of gold, or 803,600 troy ounces, at an allotment price of $266/oz. The central bank said a total of 1.8 million ounces of gold was bid for, with 804,800 ounces allotted to bidders at the lowest accepted price. This was the last of six auctions to be held in 2000-2001, at which a total of 150 tons of gold has been sold on behalf of the U.K. Treasury. The Bank of England said because there was a higher number of bids at the lowest accepted price than there was gold available, bidders at the lowest price were allotted amounts on a scaling factor of 41.1765%. The Bank of England will start its 2001-2002 gold auction program on behalf of the U.K. Treasury in May. It will sell a total of 120 tons of gold at six auctions of 20 tons each. The 2001-2002 auctions will bring an end to the U.K. government's planned sale of gold from its reserves. thebulliondesk.com