METAL PRICES — FREE MARKET (January 13, 1997)

London Metal Exchange

Midday bid-ask prices in $US per tonne

Spot Gold, Silver, Platinum and Palladium prices

DateJan. 7Jan. 6Jan. 3Jan. 2Dec. 31Dec. 30

Gold … London Bullion Dealers afternoon/morning $US per oz.358.50/359.25364.00/364.30366.55/367.80Holiday/369.55369.25/369.60

Gold … Bank of Nova Scotia, noon bid/ask $US per oz.357.50/361.00356.50/360.00360.00/363.50364.00/367.50368.00/371.50368.00/371.50

Silver … London Bullion Dealers, spot morning US$ per oz.2.764/4.6832.761/4.6652.775/4.7032.800/4.7702.822/4.7982.891/4.880

Silver … Handy & Harman, Toronto C$/New York US$ per oz.6.481/4.6706.503/4.6506.603/4.7106.612/4.7306.705/4.730n.a./4.775

Platinum … Bendix Foreign Exchange, Interbank closing US$ per oz.367.10365.30368.00371.10371.00370.25

Palladium … Bendix Foreign Exchange, Interbank closing US$ per oz.122.75121.10121.75123.25117.25116.75

Noon Bank of Canada rates in Canadian dollars

DateJan. 7Jan. 6Jan. 3Jan. 2Dec. 31Dec. 30

U.S. Dollar1.35681.36791.37381.37371.36961.3683

Pound Sterling2.29992.30562.32242.31672.34542.3131