Monday, July 23, 2007

Dollar losses keep gold near 10-week high

(Reuters) - Spot gold stood at $683.05/683.65 a troy ounce at 1008 GMT compared with $682.90/$683.70 late in New York on Friday when it touched $686, the highest since May 9 and a gain of more than $20 since last Monday.




"All the indicators look positive, the weaker dollar against the euro and steady oil," said Robin Bhar, analyst at UBS.


Read more at Reuters.com Hot Stocks News

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