SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (70441)5/26/2001 2:59:51 PM
From: Stephen O  Read Replies (1) | Respond to of 116759
 
Let's add some more fuel to the demand side.
Open gold market in Shanghai soon.
US demand up 5% in Q1 for jewelry
WGC starting major advertising program that gold is cool
Inflation starting to increase
Middle class growing in gold importers like India



To: russwinter who wrote (70441)5/26/2001 5:50:45 PM
From: goldsheet  Read Replies (1) | Respond to of 116759
 
The demand/mine supply gap has
been closing over the last four years

1997 1998 1999 2000
-------------------------------------
4228 4123 4065 3946 Demand
2472 2555 2569 2573 Mined
-------------------------------------
1756 1568 1496 1373 Gap



To: russwinter who wrote (70441)5/26/2001 7:08:13 PM
From: Ken Benes  Read Replies (3) | Respond to of 116759
 
The price of gold fell this week, because demand never materialized. With gold hovering around 285, the oscillation continued for awhile, until those with an interest were satisfied that the market was satiated and then the selling began. No one showed up on the other side of the sale and the price collapsed.

The gold market will not support prices much above 275.00 now and for the intermediate term future.

Ken


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News