Sunday, June 3, 2007

Gold May Climb as World's Central Banks Slow Sales This Year, Survey Shows

(Bloomberg) -- Gold may gain for a second straight
week on speculation central banks will slow sales of the metal.

Twenty-two of the 32 traders, investors and analysts
surveyed by Bloomberg from Sydney to Chicago on May 31 and June
1 advised buying gold, which rose $15.50, or 2.3 percent, to
$676.90 an ounce last week on the Comex division of the New York
Mercantile Exchange. Two said to sell and eight were neutral.


Read more at Bloomberg Commodities News

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