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Friday, June 02, 2006

Markets To Watch Today

Copper: Copper fell hard in yesterday's session, as a limit move halted trading. Volatility still rules the metals as the contract is now up nearly the amount given back yesterday. July Copper is trading at 3.5950. up 12.4 cents this morning.

Crude Oil: Crude Oil is following the same pattern, as losses in yesterday's trading are being recouped this morning. Agreement between UN members on a package to be presented to Iran was credited for yesterday's decline. July Crude Oil is trading at $71.90, up $1.56 this morning.

Gold: Gold is not absent from the above trend. After trading lower on comments released by the Federal Reserve hinted at a continued increase in interest rates. June Gold is trading at $635.00, up $7.40 this morning.