Wednesday, June 20, 2007

Gold hovers below 2-week high, sentiment positive

(Reuters) - Gold traded just below the previous day's two-week highs on Wednesday, but sentiment was friendly and traders said the precious metal had a good chance of adding to recent gains.

Spot gold was quoted at $657.90/658.50 an ounce by 1426 GMT, compared with $660.70/662.20 in New York late on Tuesday, when it rose to $661.40, its highest since June 7.


Read more at Reuters Africa

No comments: