Friday, June 15, 2007

Gold drifts higher in Europe after dollar decline

(Reuters) - Gold moved higher in Europe on Friday on a weaker dollar after U.S. data showed core consumer inflation was lower than expected.

Spot gold rose as high as $653.75 an ounce and was quoted at $653.15/$653.65 by 1419 GMT, against $651.20/$652.70 in New York late on Friday.


Read more at Reuters Africa

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