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Thursday, February 22, 2007

Commodities Have a Golden Day

Gold – Gold got a boost from inflationary data and higher Crude Oil prices to rally $23. Crude Oil caught a bid early in the day because of geopolitical concerns, sparking buying in Gold. Tensions with Iran have not eased, and news that Denmark and Britain were planning on withdrawing their troops from Iraq caused concern of widespread turmoil in the oil-rich region. Read More....