(Bloomberg) -- Gold, little changed in New York,
may gain on speculation the dollar will decline against the
euro, boosting the appeal of the precious metal as an
alternative investment. Silver rose.
Gold generally moves in the opposite direction of the
dollar, which was little changed after earlier falling to a
record against the euro. Before today, gold had gained 4.1
percent this year, while the euro climbed 4.2 percent against
the dollar.
Read more at Bloomberg Commodities News
may gain on speculation the dollar will decline against the
euro, boosting the appeal of the precious metal as an
alternative investment. Silver rose.
Gold generally moves in the opposite direction of the
dollar, which was little changed after earlier falling to a
record against the euro. Before today, gold had gained 4.1
percent this year, while the euro climbed 4.2 percent against
the dollar.
Read more at Bloomberg Commodities News
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