• Short Summary

    THE LOWERING OF GOLD PRICES ON THE EUROPEAN MARKETS SHOULD HAS HAVXASED BIDDING IN CHICAGO'S MERCANTILE EXCHANGE, BUT DID NOT.

  • Description


    TRADING FLOOR AND BIDDING, GENERAL ( AND HECTIC NOISEY) ACTIVITY, 54- TRADER NOTING THAT ACTIVITY WAS GENERATED BY PROFIT TAKING.




    Initials


    EDNOTE: REPORTER IS XX GENE RANDALL. NO STANDUP.

    Script is copyright Reuters Limited. All rights reserved

    Background: THE LOWERING OF GOLD PRICES ON THE EUROPEAN MARKETS SHOULD HAS HAVXASED BIDDING IN CHICAGO'S MERCANTILE EXCHANGE, BUT DID NOT. TRADING IN GOLD FUTURES WAS JUST AS FRANTIC THERE AS IT WAS ON TUESDAY, BUT THE BIDDING WAS FOR SELLOFFS AS BUYERS TOOK THEIR PROFITS. THE EXCHANGE INSTITUTED A SHORT TERM RULE OF 10 PERCENT MARGINS TO COOL DOWN SPECULATION.

  • Tags

  • Data

    Film ID:
    VLVA9ZZ85CWY347ETTJ9SH2ZJ6SJ6
    Media URN:
    VLVA9ZZ85CWY347ETTJ9SH2ZJ6SJ6
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    19/09/1979
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:10:00
    Time in/Out:
    /
    Canister:
    N/A

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