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Tuesday, March 07, 2006

Markets To Watch Today!

Crude Oil: Crude Oil fell on the assurance from OPEC that production will stay close to capacity. Official confirmation will be received after the members meet tomorrow. April Crude closed at 62.41, down 1.26 yesterday.

Gold: Gold tanked yesterday as the contract broke through key technical levels. A weak dollar and lower crude prices contributed to the sell off. April Gold is trading at 557.50, up 70 cents in this mornings trading.

Copper: Copper took a smaller hit than Gold, as inventories were reported to have increased slightly. April Copper is trading at 2.2050, unchanged this morning.