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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (5966)1/2/2002 11:23:32 AM
From: Frank Pembleton  Respond to of 36161
 
Gold closes flat after dull response to euro

* GOLD <XAU=> -Spot ends first trading session of New Year at
$278.70/279.2, unchanged from the close in New York on Monday.
Struggled to take real advantage of euro's gains against the
U.S. dollar to fix firmer at $278.35 a troy ounce against
$278.10 in the morning.
* SILVER <XAG=> - General ongoing market tightness helping to
keep bull run on course, with the spot closing at $4.61/4.63
also flat on the previous close, touching 12-week highs of $4.62
an ounce hit in New York on Monday.
* PLATINUM <XPT=> - Spot ends quiet day at $479.00/484.00
against $475.00/480.00 at the close of trade in New York.
* PALLADIUM <XPD=> - Finishes $430.00/440.00, little changed
from last close in New York at 435.00/445.00. Closure of Tokyo
Commodity Exchange for rest of this week seen keeping activity
muted.


(C) Reuters 2002.



To: Frank Pembleton who wrote (5966)1/2/2002 12:26:44 PM
From: Davy Crockett  Read Replies (1) | Respond to of 36161
 
nice read... Dovetails very nicely with everything that I have learned. FWIW

The ideal financial safe haven this time around, far from being the bond market, is the yellow metal

Message 16851602

Regards,
Peter