Wednesday, April 18, 2007

Gold little changed near 11-month high, $700 eyed

(Reuters) - Gold moved little near its 11-month high on Thursday as traders were reluctant to take large buy positions after seeing the metal struggle to advance beyond the psychologically sensitive level of $700 an ounce this week.

-- As of 0027 GMT, spot gold was trading at $690.30/690.80 an ounce, slightly up from $689.20/689.70 late in New York on Wednesday.


Read more at Reuters Africa

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