(Bloomberg) -- Gold fell, halting last week's 2.4
percent rally, the biggest in three months, on speculation of
reduced investment demand following gains in the dollar and little-
changed inflation.
Last week's surge came after the European Central Bank said it
won't sell more bullion until after Sept. 26. Speculators have
reduced their holdings in New York gold futures for three weeks, a
U.S. government report on June 1 showed.
Read more at Bloomberg Commodities News
percent rally, the biggest in three months, on speculation of
reduced investment demand following gains in the dollar and little-
changed inflation.
Last week's surge came after the European Central Bank said it
won't sell more bullion until after Sept. 26. Speculators have
reduced their holdings in New York gold futures for three weeks, a
U.S. government report on June 1 showed.
Read more at Bloomberg Commodities News
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