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Tuesday, April 18, 2006

Markets To Watch Today

Gold: Gold cruised above $600 an ounce and never looked back yesterday as funds and speculators added to long positions. Global tensions and a weakening dollar have enforced already high investor demand. April Gold is trading at $617.60, up 2.20 this morning.

Crude Oil: Crude is following Golds lead, closing above $70 a barrel yesterday. Anxiety over Iran's nuclear ambitions and possible cuts in supply across the globe continue to support the contract. May Crude is trading at $70.55, up a dime this morning.

Sugar: Sugar was influenced by the bull run in the metals and energies yesterday, just to a lesser degree. May Sugar is trading at 17.17, up 0.29 cents this morning