Thursday, June 14, 2007

Gold extends gains, weak yen lifts Tokyo

(Reuters) - Cash gold extended gains on Friday on steady bargain hunting, which, combined with a weak yen -- hovering at a 4- year low against the dollar -- also helped lift Tokyo futures.

While some dealers said gold's prospect looked a bit brighter since it recovered from a three-month low of $642.90 hit on Wednesday, others were of the view that the precious metal could come under pressure again.


Read more at Reuters Africa

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