Friday, May 25, 2007

Gold Gains, Erasing Decline, After Kyodo Says North Korea Fired Missiles

(Bloomberg) -- Gold gained in London, erasing an
earlier decline, after media reports that North Korea fired
several missiles toward the Sea of Japan today.

``Somebody's just bought gold on the back of it,'' said Simon
Weeks, head of precious-metals trading at ScotiaMocatta in London.


Read more at Bloomberg Commodities News

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