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Archive for November 2006

6
Nov

This Could be Fifth Week of Gold Rally!

If gold moves up this week it would be the fifth straight week, of increases…the longest stretch since it’s 26-year high in May.  Twenty-seven of 35 traders, investors and analysts surveyed by Bloomberg, advised buying gold. The percentage of respondents who expect prices to rise was the highest in more than a year. Four people said to sell the metal, and four were neutral.

Just in the past four weeks gold has climbed 9.1 percent.                        australian gold nuggets