Thursday, April 12, 2007

Gold Falls on Speculation Five-Week Rally Overdone; Silver Drops on Copper

(Bloomberg) -- Gold in New York fell on speculation a rally to six-week highs was overdone. Silver also fell.

Before this week, gold had climbed 5.4 percent in five consecutive weekly gains. The metal reached $686.80 on April 10, the highest price in six weeks.


Read more at Bloomberg Commodities News

No comments: