Thursday, February 1, 2007

Gold matches 6-month high

Gold matched a six-month high of around $654 an ounce on Thursday as the dollar fell after the US Federal Reserve left interest rates unchanged, but a lack of follow-through buying disappointed some investors.

Spot gold hit an intraday high of $654.70 an ounce, matching the same high hit the previous day. It was gold's best level since early August 2006.

Read Full Article at FIN24.co.za

No comments: