Wednesday, June 27, 2007

Gold hits 3-month low as investors flee risk

(Reuters) - Spot gold slipped to $640.50/640.90 an ounce as of 0635 GMT, from $642.00/642.60 late in New York on Tuesday, when it plunged more than $10. Earlier in Tokyo, gold fell as low as $638.90, the lowest since March 14.




Spot silver fell as low as $12.11 an ounce, the lowest since January 8, following a decline in gold and falls in copper prices. By late Tokyo trade, silver stood at $12.16/12.19 versus $12.24/12.27 in late New York on Tuesday.


Read more at Reuters.com Hot Stocks News

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