Gold falls 2 pct on dollar rise, profit-taking - JB News Feed

LONDON (Reuters) - Gold prices fell more than 2 percent on Tuesday as a dollar rise prompted investors to take profits from the metal's 28-year high, but analysts said the upward trend remained intact.

Platinum also lost steam after a fund-driven rally, with prices falling more than 3 percent after rising up to $1,391 an ounce on Monday, just $4 away from an all-time high.

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Posted by Posted by Jewelry News at Tuesday, October 02, 2007 7:51 AM
Categories: gold, Precious Metals, Platinum
 

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