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Diamond Week In Review: 9/16/05

U.S. trading markets are stable with jewelers and tradespeople concerned about the impact of New Orleans, high oil prices,continued Iraq war on consumer mood and pocketbooks, and rising Gold and platinum Prices.

Gold hit a new high yesterday of $459.00/oz with analysts expecting $500.00 Gold in the very near future. Platinum hit $922.00 and further increases are expected.


Posted by Barry Gutwein on September 16, 2005 2:24 PM in Diamond News | Comments (18)

Comments

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