(Bloomberg) -- Gold advanced in London as the euro
extended gains against the dollar, reviving demand for the
precious metal as an alternative investment. Silver also gained.
Gold dropped $4, or 0.6 percent, yesterday, partly on news
that Spain's central bank sold some of the metal, Standard Bank
Plc said in an e-mailed report today. Gold had dropped as much as
$1.70 before the euro advanced against the dollar.
Read more at Bloomberg Commodities News
extended gains against the dollar, reviving demand for the
precious metal as an alternative investment. Silver also gained.
Gold dropped $4, or 0.6 percent, yesterday, partly on news
that Spain's central bank sold some of the metal, Standard Bank
Plc said in an e-mailed report today. Gold had dropped as much as
$1.70 before the euro advanced against the dollar.
Read more at Bloomberg Commodities News
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