Friday, June 15, 2007

Gold off highs, but weak yen lifts Tokyo

(Reuters) - Tokyo gold futures prices closed higher reflecting a weaker yen, which hovered at a 4-½ year low against the dollar, but they drifted off from session highs in line with the cash price.




Some dealers said gold's prospect looked a bit brighter since it recovered from a three-month low of $642.90 hit on Wednesday, while others thought the precious metal could come under pressure again.


Read more at Reuters.com Hot Stocks News

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