(Bloomberg) -- Gold and silver fell in New York on
speculation that the euro's rally against the dollar will stall,
reducing the appeal of precious metals as alternative
investments.
Gold generally moves in tandem with the euro, which fell
after earlier reaching a record high against the dollar. Before
today, gold had gained 4.8 percent this year while the euro had
climbed 4.5 percent against the dollar.
Read more at Bloomberg Commodities News
speculation that the euro's rally against the dollar will stall,
reducing the appeal of precious metals as alternative
investments.
Gold generally moves in tandem with the euro, which fell
after earlier reaching a record high against the dollar. Before
today, gold had gained 4.8 percent this year while the euro had
climbed 4.5 percent against the dollar.
Read more at Bloomberg Commodities News
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