Wednesday, July 25, 2007

Gold Price Gains as Recent Decline Seen as Excessive; Spot Silver Advances

(Bloomberg) -- Gold in Asia rose as some investors
bet that the previous day's fall, prompted by the dollar's
advance against the euro, was overdone. Silver also gained.

Spot gold fell 0.9 percent yesterday, the most since June
26, as the dollar gained the most against the euro in a year,
reducing the metal's appeal as an alternative investment.


Read more at Bloomberg Commodities News

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