Sunday, June 3, 2007

Gold retreats from recent rally, TOCOM gains

(Reuters) - Gold fell on Monday, taking a breather after rising more than $10 an ounce to a two-week high on Friday, while Tokyo gold futures extended gains into the fourth session.

On Friday, gold climbed as high as $671.95, the highest since May 16, as a rise in crude oil prices and a faster-than-forecast growth in U.S. jobs fanned concerns about inflation.


Read more at Reuters Africa

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