Monday, June 18, 2007

Gold near one-week high, Tokyo futures drop

(Reuters) - Gold was little changed on Tuesday but within sight of a one-week high hit the previous day, while Tokyo futures shrugged off a weak yen and dropped on profit taking.

Spot gold was at $656.40/657.90 an ounce, unchanged from late New York levels on Monday, when it rose to its highest level in a week at $659.05 an ounce on dollar weakness, tensions in the Middle East and strong oil.


Read more at Reuters Africa

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