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Thursday, July 13, 2006

Spot Gold Rising on GeoPolitical Tensions

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Spot gold continues to benefit from rising geopolitical tensions in the Middle East and remains firm above $650 a troy ounce.
Israel's incursion into Lebanon and Iran's delayed response to proposals to end the nuclear stand-off fuel some steady safe-haven buying, while North Korea's defiant stance over its recent missile tests, and the terrorist bombings in India only add to the sense of "rising international risk,"

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