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On a weekly basis:
After a $281 low in Feb 85, gold rose steadily to $500 in Dec 87. The crash
itself didn't change anything in the trend. From then on it dropped back to
$360 in the summer 89
On a daily basis:
Gold was ranging between $445 and $480 for several months, then on:
- oct 14 it stood at $460
- oct 15 $463
- oct 16 $471.6 closing at the high
- oct 19 opened with $15 gap up, rose to $491, dropped back to $478 in the gap,
closing at $481.7
- oct 20 big gap down opening at $470, high of the day, dropping steadily to
$453 and closing at $463 = oct 15 level...
It ranged from $456 to $480 for the next month.
Cheers,
Gwenn
| -----Ursprungliche Nachricht-----
| Von: charles meyer [SMTP:chmeyer@xxxxxxxx]
| Gesendet am: Tuesday, August 31, 1999 7:05 PM
| An: REAL TRADERS
| Betreff: GEN: GOLD 1987
|
| Group:
|
| Can anyone please report what the price of gold did during
| the stock market decline in 1987? Thanks.
|
| Charles
|