Sunday, June 24, 2007

Gold Little Changed in Asian Trading as Equity Markets Fall a Second Day

(Bloomberg) -- Gold was little changed amid
speculation a fall in Asian equity markets for a second day may
reduce demand for the precious metal.

Stocks in Asia declined on concern rising interest rates may
hurt future earnings. The Morgan Stanley Capital International
Asia-Pacific Index fell 0.2 percent to 153.21 as of 1:18 p.m. in
Sydney, after dropping 0.6 percent on June 22.


Read more at Bloomberg Commodities News

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