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


To: Alex who wrote (34319)5/21/1999 8:05:00 AM
From: lorne  Respond to of 116764
 
New York--May 20--Gold prices will return to their upswing as soon as the
UK Treasury's announcement that it plans to sell more than half of its gold
reserves is fully absorbed in the market, and that will not take as long as
some people are suggesting, said George Milling-Stanley, manager of gold
market analysis for the World Gold Council. Milling-Stanley said that
fundamentals for gold are still looking positive, as demand is showing
strong gains and the UK move is "out of step" with the current thinking in
the official sector. By Darcy Keith, Bridge News, Story .24004
crbindex.com