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

To: Investor-ex! who wrote (30952)	3/31/1999 3:09:00 PM
From: long-gone	Read Replies (2) \| Respond to of 116976

Could this help drive higher gold sales?: biz.yahoo.com

To: Investor-ex! who wrote (30952)	3/31/1999 3:21:00 PM
From: Alex	Read Replies (1) \| Respond to of 116976

Gold futures on the rise Gold futures saw gains after a new Swiss monetary and currency law proposal received a positive reaction from market participants. The new law would increase the likelihood of a separation of the Swiss franc from its link to gold, according to a Dow Jones report. The monetary and currency legislation and resulting gold sales will not come any earlier than spring of the year 2000. The Swiss government has previously said it would consider selling part of its gold reserves but has always stressed any sale would be gradual so as not to put pressure on current gold prices. On the Commodities Exchange division of the New York Mercantile Exchange, May silver rose 3.7 cents to $5.04 an ounce and April gold rose $1.30 to $280.50 an ounce. The Philadelphia Gold and Silver Index ($XAU) is currently up by 6.3 percent to 60.01. Gold stocks rose on Wednesday with Newmont Mining Corp. (NEM) shares gaining 1 1/16 to 17 11/16 and Getchell Gold Corp. (GGO) shares rising 1 13/16 to 26 5/16. In other metal highlights, May copper rose 0.35 cents to 62.55 cents a pound. April platinum rose $2 to $360 an ounce and June palladium was unchanged at $360 an ounce. cbs.marketwatch.com