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Gold News & Press Comments
Our partial index of news and press articles about gold or coins.

1999 News Headlines About Gold
A list of media & news headlines relating to gold, during the year 1999, when gold was at or near its 25 year low.

  • PORTFOLIOS, ETC.; Heads or Tails, Gold Coins Might Lose
    By JONATHAN FUERBRINGER, The New York Times April 25th, 1999.
  • Editorial Observer; Who Needs Gold When We Have Greenspan?
    By FLOYD NORRIS, The New York Times May 4th, 1999.
  • Why Bankruptcy Became So Popular
    The New York Times May 8th, 1999.
  • Britain Plans To Sell 58% Of Its Bullion
    Britain surprised world financial markets today by announcing it would sell more than half the country's bullion reserves, a move that further eroded the value of what was once the safest and strongest measure of wealth. ALAN COWELL, New York Times, 8th May 1999.
  • GOLD FALLS. Gold prices dropped on speculation that plans by Britain to sell more than half its reserves of bullion would prompt similar sales by other nations. In New York, gold for June delivery fell $5.30 an ounce, to $278.40.
    The New York Times May 11th, 1999.
  • THE MARKETS: Market Place; An Icon's Fading Glory
    15th June 1999, New York Times
  • GOLD FALLS. Gold prices dropped on fears that a rising dollar will hurt demand even as Britain and other nations are expected to sell reserves. In New York, gold for June delivery fell 70 cents an ounce, to $273.50.
    The New York Times May 20th, 1999.
  • THE MARKETS: Market Place; As Britain Sells Some Gold, South Africa Howls
    7th July 1999

1999 Gold Facts

Lowest Gold Prices in Recent Times - 20th July 1999
The lowest dollar gold price in recent years was the afternoon fix on 20th July 1999 when gold fixed at $252.80 US equivalent at the time to £161.091 in pounds sterling

Lowest Sterling Fix
The lowest recent gold price in pounds sterling based on the London Gold Fix was £157.033 on the a.m. fix of 10th September 1999, which was equivalent to $256.20 USD.

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