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Friday, June 09, 2006

Markets To Watch Today

Metals: Due to seasonal dips in the summertime as well as metals being overbought relative to demand earlier this year, metals were down yesterday. Copper and Gold have fallen almost 15% since May 11th. June Gold fell 2%, to close at $609.10. Silver finished the day at $11.042 a troy ounce, down 6.9%, and June Copper dropped 6.2%, closing at $3.4520 a pound.