Gold lower

Published November 15, 2006

LONDON, Nov 14: Gold inched lower in erratic trade on Tuesday, struggling to resist selling pressure at higher levels after a recent rally to a two-month high.

Platinum fell more than two per cent on the back of fund selling in Japan ahead of the release of a supply and demand report by Johnson Matthey, the world's largest distributor of the metal.

Spot gold rose as high as $627.10 an ounce before slipping to $621.90.—Reuters

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