Wednesday, April 4, 2007

Gold drifts higher in Europe, trapped in ranges

(Reuters) - Gold prices edged higher on Wednesday despite a decline in crude oil, and dealers expected it to remain confined to ranges ahead of the Easter holidays.

Spot gold rose to $665.40/666.40 an ounce by 0959 GMT, against $664.00/665.00 in New York late on Tuesday, when it slipped to track a drop in crude oil prices.


Read more at Reuters Africa

No comments: