Monday, June 4, 2007

Gold firms, TOCOM inches down on profit taking

(Reuters) - Analysts said the downside on the Tokyo Commodity Exchange seemed limited by a favorable technical chart, in which spot gold has found a solid support at $650 an ounce.




Firmer oil prices were also supportive after a Middle East Gulf cyclone stoked concerns about oil supply from Oman and sent crude oil above $70 a barrel in London.


Read more at Reuters.com Hot Stocks News

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