FastSaying

We've had a pull-back in gold and oil prices, and surprise surprise, oil and gold companies are off, that's the Canadian market.

Julie Brough

GoldOil

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A lot of the move today was going back to our old favorites -- gold and oil.
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We're stalled. When you see oil prices back up to their high, you've seen gold hovering around $600 US, people are making some really good money and I think there's a lot of people who are just taking the opportunity to crystallize some gains which is keeping the market at bay a little bit right now.
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The oil price is one of the big reasons in the gold market. It looks like gold can test $600 again very soon.
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Based on historic ratios between gold and oil, gold should now be over $500 an ounce,
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We've seen a recovery in gold and crude oil prices that has supported the commodity currencies.
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