Wednesday, July 4, 2007

Gold rallies, Tokyo falls on New York

(Reuters) - Gold bounced on Wednesday on bargain hunting, while Tokyo futures fell close to 1 percent on the heels of New York's decline.

Security worries triggered by the suspected al Qaeda plot to detonate car bombs in London and Glasgow meant that gold had the potential to gain further on safe-haven buying, but some traders said gold lacked the power to break past resistance at


Read more at Reuters Africa

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