Friday, June 8, 2007

Gold hits week's low on broader market sell-off

(Reuters) - Gold extended losses on Friday to touch a fresh one-week low as a general sell-off across asset markets prompted bullion speculators to trim their positions.

Other precious metals also fell to their lowest in about one week, but physical buyers and bargain hunters were expected to prevent collapse, analysts and traders said.


Read more at Reuters Africa

No comments: