Tuesday, July 17, 2007

Gold slips ahead of US Federal Reserve minutes

(Reuters) - Gold erased overnight gains to slip on Tuesday, with dealers avoiding big moves ahead of testimony by U.S. Federal Reserve Chairman Ben Bernanke later in the week.

The metal has struggled to breach key technical levels after hitting a five-week high last week, but might get support from firm oil prices and the dollar, which stayed near record lows against the euro.


Read more at Reuters Africa

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