Gold started the
day lower testing $1,108 on the nearby futures contract, in reaction to a 23
point rally in the dollar. However, the
metals rebounded on bargain buying with gold rallying back to $1,118 and silver
coming back to $17.17 on the nearby contracts.
Oil is also down $.62 at $81.23 a barrel. The Dow is up 14 points.
Analysts tell the
Dow Jones Wire Service that what has been happening for the past few days has
been some profit taking i…
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