Tuesday, July 10, 2007

Gold hits fresh one-month high as dollar falls

(Reuters) - Gold rose to a new one-month high on Tuesday as the weaker dollar stimulated buying and investor sentiment towards the precious metal strengthened.

Gold's comeback began the previous day when most commodity markets rallied to take leading indexes back up to 2006 highs after crude oil hit an 11-month peak and copper a two-month high.


Read more at Reuters Africa

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