Monday, 16 July 2007

Gold steady near 5-week highs, dollar watched

(Reuters) - But dealers were cautious ahead of Federal Reserve Chairman Ben Bernanke's testimony to the U.S. Congress on Wednesday and Thursday that might influence the dollar.




Gold rose as high as $668.50 an ounce before dipping to $667.00/667.60 by 1352 GMT, against $666.60/667.40 in New York late on Friday.


Read more at Reuters.com Hot Stocks News

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