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Tuesday, August 01, 2006

Comex Gold Re-Opens

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After re-opening following a 30 minute fire drill at the exchange, Comex gold futures are pushing higher with the most-active Dec contact up $8.00 at $654.80 an ounce. There is no real reason behind the rally, its mostly fund buying. Dec reached a high of $655.50 -- its highest level since July 20.

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