Friday, 06 July 2007

Gold pares losses after hitting one-week lows

(Reuters) - Gold pared losses after falling to a one-week low on Friday, as the dollar steadied after rising on better-than-expected U.S. jobs data.

Spot gold fell as low as $645 an ounce, the lowest since June 28, before rising to $648.20/649.00 1342 GMT, against $649.30/$650.10 in New York late on Thursday.


Read more at Reuters Africa

No comments: