(Bloomberg) -- Gold snapped three consecutive days
of declines in London on speculation a drop in the value of the
dollar will increase demand for the precious metal as an
alternative investment. Silver also rose.
Gold has climbed 6.3 percent this year as the dollar
declined 3.8 percent against the euro. The dollar was little
changed today after the biggest gain in four months yesterday.
Read more at Bloomberg Commodities News
of declines in London on speculation a drop in the value of the
dollar will increase demand for the precious metal as an
alternative investment. Silver also rose.
Gold has climbed 6.3 percent this year as the dollar
declined 3.8 percent against the euro. The dollar was little
changed today after the biggest gain in four months yesterday.
Read more at Bloomberg Commodities News
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