Monday, June 11, 2007

Gold above 3-month low, Tokyo hits 2-week low

(Reuters) - Cash gold rose on Monday as bargain hunters lifted the metal from its lowest level in nearly three months that was hit on Friday, while Tokyo gold futures slipped to a two-week low on a decline in New York COMEX gold.

Spot gold fetched $650.75/$651.45 an ounce at 0247 GMT, up from $648.20/$649.70 last quoted in New York on Friday and $645.05, the lowest price since March 15.


Read more at Reuters Africa

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