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


To: lorne who wrote (67784)4/18/2001 9:55:56 AM
From: long-gone  Read Replies (2) | Respond to of 116972
 
<<has suspended the account of a seller suspected of taking hundreds of thousands of dollars from people who bid successfully on gold and silver coins and bullion, sent their money and got nothing in return, the company said.">>

Just fine as long as he could always buy cheaper?



To: lorne who wrote (67784)4/18/2001 11:06:13 AM
From: Alex  Respond to of 116972
 
Thai 2000 Gold Demand At 67.5 MT, Up 41% On Yr
BANGKOK (AP)--Demand for gold increased sharply in Thailand last year, totaling 67.5 metric tons, or 41% more than in 1999, the World Gold Council said.
The increase was caused by an 81% increase in consumption by the Thai jewelry trade, which consumed 59.4 tons in 2000, the trade body said in a news release Tuesday.

However, investment demand for the precious metal in Thailand in 2000 totaled only 8.1 tons, 46% down from 1999. Investment demand was strongest in the fourth quarter of 2000 at 3.5 tons, but this was still 13% lower than the fourth quarter of 1999, when fears of a banking sector collapse spurred sales.

In Southeast Asia overall, gold demand in 2000 rose 1% to 267.3 tons. Large gains in Thailand, Malaysia, Singapore and Vietnam - which reached a record high - were offset by a fall in Indonesia, the region's most populous country. Gold demand for jewelry rose 3% to 199.3 tons, while investment demand slipped 7% to 68 tons.

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asia.biz.yahoo.com