Friday, May 25, 2007

Gold gains above nine-week lows

(Reuters) - But larger-than-usual gold sales by European central banks in the past weeks might weigh on prices, they said.




"At some stage, we would expect the downside to fade a little bit, giving some room for an upside swing. You start to feel now that there is some hesitation in the selling," said Frederic Panizzutti, precious metals analyst at MKS Finance.


Read more at Reuters.com Hot Stocks News

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