Wednesday, June 13, 2007

Gold turns higher with bond price rise

(Reuters) - As bond prices rise, yields fall. But gold traders generally fear that a higher interest rate scenario will slow the investment demand for gold.




Most-active gold futures for August on the COMEX division of the New York Mercantile Exchange rose $2.40 to $655.50 an ounce, in a range from $647.00 to $656.90.


Read more at Reuters.com Hot Stocks News

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