Monday, July 16, 2007

Gold steady near 5-week highs, dollar moves watched

(Reuters) - But dealers were cautious ahead of Federal Reserve Chairman Ben Bernanke's testimony to the U.S. Congress on Wednesday and Thursday that might influence the dollar.




Gold rose as high as $667.75 an ounce before dipping slightly to $666.90/667.70 by 0958 GMT, against $666.60/667.40 in New York late on Friday.


Read more at Reuters.com Hot Stocks News

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