Tuesday, July 17, 2007

Gold up as euro hits record high

(Reuters) - -- Any signs of concerns from Bernanke about problems in the subprime market when he delivers his semi-annual testimony on monetary policy on Wednesday and Thursday may prompt more selling in the dollar, said dealers.




-- Gold has struggled to breach key technical levels after hitting a five-week high of $669.05 an ounce last week, but might get support from firm oil prices and the dollar, analysts said.


Read more at Reuters.com Hot Stocks News

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