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: long-gone who wrote (34253)5/20/1999 10:11:00 AM
From: Enigma  Read Replies (1) | Respond to of 116766
 
Richard - Kinross is not selling forward at these prices - but says at $300 is will look again - how refreshing it would have been if they said 'we'll look again at some future point - when the price is well in excess of $300' - the $300 level is such a barrier when you have people like Kinross talking the way they do. d



To: long-gone who wrote (34253)5/20/1999 10:28:00 AM
From: John Hunt  Read Replies (1) | Respond to of 116766
 
Recovery in Gold Demand Continues

<< May 20, 1999--Gold demand in the first quarter of 1999 was 62% above the opening three months of last year, continuing the recovery from the poor start to 1998.

First quarter demand in the countries monitored by the World Gold Council was 788 tonnes, just a fraction lower than the record for the first quarter set in 1997, and just 2% below the all-time record for any three-month period set during the fourth quarter of last year.

The strong performance in the first quarter was a result of a gain of 75% in worldwide jewelery demand, and a 20% increase in investment over the same period of last year. Good growth in gold demand in the USA, China, Japan, South Korea and South-east Asia more than compensated for lower demand in India, the Middle East and Europe... cont'd ... >>

biz.yahoo.com

Who says we can never find any good gold news?

:-))

John