Sunday, April 1, 2007

Gold extends gains on Iran, hovers below $670

(Reuters) - In the physical sector there was some profit-taking from Indonesia, which is Southeast Asia's largest consumer, but light buying also emerged from Thailand and India.

Spot gold edged up to $664.30/664.80 an ounce from $663.70/664.70 late in New York on Friday, when it hit an intraday high above $667 an ounce due to the Middle East tensions and a drop in the dollar.


Read more at Reuters.com Hot Stocks News

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