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Thursday, October 05, 2006

Gold Update

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Spot gold holds at $574.00/oz, on the high side of the day's $563.00 to $574.25 range.
Earlier, gold, which has been trading in tandem with oil lately, got a lift from rising oil prices. Currently, Buba's Weber comments about not planning gold sales in Sept06-Sept07 have pushed the precious metal a bit higher.

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