Monday, May 14, 2007

Tokyo gold recovers, platinum hits record

(Reuters) - Tokyo gold futures rose on Monday, snapping a four-day losing streak as buying from domestic investors helped the turnaround, while platinum futures hit a record high.

Analysts said a rise in the dollar above 120 yen helped stoke bargain-hunting demand in Tokyo, where the key gold futures contract slipped last Friday below 2,600 yen a gram, the lowest level for any benchmark since April 10.


Read more at Reuters Africa

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