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Tuesday, February 28, 2006

Gold Prices Look To Regain Bullish Momentum

Gold prices look to regain bullish momentum on news of lowered sales expectations from the Newmont Mining Corporation, the world's largest producer of gold. Most of the major gold mining companies report unchanged to lower production estimates for the coming year. Gold had lost a bit of its luster on the heels of lower Crude Oil prices and easing inflation concerns, but any recent dips in price have been met with bargain-hunting buyers. Read More....