(Bloomberg) -- Gold gained on speculation a drop in the dollar against the euro will increase demand for the metal as an alternative investment. Silver, platinum and palladium rose.
Gold has climbed 6.7 percent this year as the dollar dropped about 2 percent against the euro on speculation Europe will raise interest rates to curb inflation. Holdings in StreetTracks Gold Trust, the world's biggest fund offering investors direct exposure to gold, have climbed 2.2 percent this month, figures from the World Gold Council show.
Read more at Bloomberg Commodities News
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