Thursday, March 15, 2007

Gold and silver off 1-week low; investors cautious

Gold rose above $646 anounce Thursday to track a rebound in crude oil but investorsremained cautious after the previous day's drop, even withlittle changed in terms of fundamentals.

Jewellers from India and Thailand bought gold at lowerlevels, although the price rebound also encouraged lightselling in Singapore. Other precious metals firmed, with silvermoving away from Wednesday's one-week low.

Read more at Reuters South Africa

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