Browse related articlesGold gains on oil price fears
USA: Monday, May 31 - 2004 at 14:37
Monday is a public holiday in the US and UK but in Asian trading gold was a safe haven on renewed concern that rising oil prices and a weaker dollar would drive inflationary pressure in the US. Spot gold was at USD394.85 compared with USD393.80 in New York last week. The US dollar was 1.2201 per euro, against 1.2225 on Friday.
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Peter J. CooperMonday, May 31 - 2004 at 14:37 UAE local time (GMT+4)
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