(Bloomberg) -- Gold rose to its highest level in more than 11 months as a weak U.S. dollar underpinned investor demand. Silver was little changed.
Gold generally moves in the opposite direction of the dollar which dropped to a 27-month low against the euro last week on signs of growing inflation and a stalling growth rate. Gold rose 1.3 percent on April 20 as the dollar, which has fallen more than 10 percent versus the euro over the past year, fell.
Read more at Bloomberg Commodities News
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