Tuesday, June 19, 2007

Gold Little Changed in Asia Amid Speculation Rise Overdone; Silver Drops

(Bloomberg) -- Gold was little changed in Asia amid
speculation investors may bet five consecutive days of gains for
the precious metal were overdone. Silver fell.

Gold, which touched a three-month low of $643.38 on June 13,
yesterday posted its largest one-day gain since June 1. Gold has
risen 2.2 percent over the past five days as the dollar fell to
near a two-week low against the euro.


Read more at Bloomberg Commodities News

No comments: