(Bloomberg) -- Gold in New York rebounded from a two-
month low as the euro strengthened against the dollar, increasing
the appeal of the precious metal as an alternative investment.
Silver also rose.
Gold generally moves in tandem with the euro, which rose
today after falling to a six-week low earlier this week. Before
today, gold had climbed 2.4 percent this year while the euro
gained 1.8 percent against the dollar.
Read more at Bloomberg Commodities News
month low as the euro strengthened against the dollar, increasing
the appeal of the precious metal as an alternative investment.
Silver also rose.
Gold generally moves in tandem with the euro, which rose
today after falling to a six-week low earlier this week. Before
today, gold had climbed 2.4 percent this year while the euro
gained 1.8 percent against the dollar.
Read more at Bloomberg Commodities News
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