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: goldsnow who wrote (4063)12/9/1997 11:11:00 PM
From: Dan Courtemanche  Respond to of 116815
 
I'm sure this has been asked before, but could anyone recommend a good
site for spot gold price quotes. Also, I'ld be interested to know which markets in the world are the main players in setting the price and which are the most important to follow?

Thanks,

Dan



To: goldsnow who wrote (4063)12/10/1997 12:20:00 AM
From: The Fix  Respond to of 116815
 
Gold, The Swiss and The Holocaust!

biz.yahoo.com

Fixer



To: goldsnow who wrote (4063)12/11/1997 5:13:00 PM
From: goldsnow  Read Replies (1) | Respond to of 116815
 
"Private investment demand for gold bars and bullion coins has more than
doubled in 1997, as gold prices have tumbled to their lowest level in 18
years, but the economics of the gold market now suggest higher prices
may not be far away,..."

biz.yahoo.com

Italian hoax

Eurostat says examining Italian gold transaction

Reuters, Thursday, December 11, 1997 at 08:37

BRUSSELS, Dec 11 (Reuters) - Eurostat, the European
Commission's accounting arm, said on Thursday it was studying an
internal gold transaction by the Italian government but had
reached no conclusions.
"We are analysing the dossier and awaiting more details from
the Italian government," a spokesman for Luxembourg-based
Eurostat told Reuters.
He added he could give no details of the transaction and
until the last few days only had Italian press reports to go on.
According to Italian media, state coffers have been boosted
by a Treasury decision to take around 3.7 trillion lire from a
one-off gain on an internal gold transaction.
Reports say the Italian Exchange Office transferred 540
tonnes of gold from its books onto Bank of Italy accounts. The
gold had been handed to the exchange office (UIC) by the central
bank in 1976 to secure a German loan.
Although the loan was repaid in 1978, the gold remained in
the UIC and is now worth some seven trillion lire more than in
1976. The Treasury taxed the one-off gain at the going rate of
53.2 percent.
brussels.newsroom@reuters.com))

Copyright 1997, Reuters News Service

c 1997 Quote.com, Inc. All Rights Reserved.