Gold spikes to 9-month high; gold and silver shares follow

Submitted by cpowell on Fri, 2001-05-18 03:00 Section: Daily Dispatches

By Tim Wood
TheMiningWeb.com
May 16, 2001

NEW YORK -- There is a creeping perception that the
gold market is in the midst of a turning tide, for
the better at last, as gold raced to a near quarter
high of $272.20 per ounce bid on Wednesday afternoon.
That's a four-dollar increase on the day and this
time it may be more than just another burst of short
covering.

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