Tuesday, July 24, 2007

Gold pauses for breath, weak dollar supports

(Reuters) - Gold, along with other commodities, took a breather on Tuesday after a recent impressive rally, but higher prices could still be on the cards given the weak dollar and renewed investor interest.

The precious metal gained just over 7 percent, or nearly $50, from a trough at the end of June to a 10-week peak last Friday at $686 an ounce.


Read more at Reuters Africa

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