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Latest Business News

Gold and Silver Up in Subdued Trading

Friday, August 25, 2006 4:41:16 PM

NEW YORK (AP) - Gold and silver futures ended the week in a subdued tone Friday as both metals held onto slight gains.

December gold futures settled $2.30 higher at $630.80 a troy ounce on the New York Mercantile Exchange.

Analysts said some short covering was seen during the session but in the absence of any key economic data, the market lacked direction.


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