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Wednesday, June 28, 2006

Comex Gold, Silver Steady As USD Up Vs Euro

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Comex gold and silver futures remain steady in quiet trade as the dollar makes small gains against the euro. Traders say gold will not likely test the $600 an ounce level again before the U.S. Federal Reserve's meeting on interest rates on Thursday. Aug gold is trading $2.30 higher at $586.70 an ounce, while July silver is up 6.5 cents a pound at $10.26 an ounce.

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