Tuesday, 26 June 2007

Gold hits 3-1/2-month low on oil, metals sell-off

(Reuters) - Gold fell to a 3-1/2-month low of $642.50 an ounce in late European trade on Tuesday following a sharp fall in other key metals and oil prices, traders said.

Spot gold was quoted at $644.25/644.85 an ounce by 1441 GMT, compared with $650.80/651.40 in New York late on Monday.


Read more at Reuters Africa

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