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Thursday, October 05, 2006

Will Gold Give Back 2006 Gains?

Will Gold give back 2006 gains? Where are all the Gold bugs? That is the question being asked by Gold traders, who are seeing nearly all of this year's price gains vanish, as speculators are exiting the Gold market. Fears of a slowing world economy have taken the "inflation factor" out of the Gold market, with sharply lower Oil prices, a stronger US Dollar, and easing political tensions with Iran also contributing to the recent sell-off. Read More....