Wednesday, April 4, 2007

Gold rally falters as Iran says to free Britons

(Reuters) - Spot gold rapidly reversed gains when Iran said it would free 15 British naval personnel after a news conference.

Earlier gold had gained more than 1.8 percent in minutes when Iran's President Mahmoud Ahmadinejad initially said he was "saddened" by what he called the violation of Iran's borders.


Read more at Reuters Africa

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