(Bloomberg) -- Gold was little changed in Asia amid
speculation a fall in the dollar will help to boost demand for
the precious metal as an alternative investment. Silver rose.
Gold generally moves in tandem with the euro which gained
against the dollar on speculation Europe's inflation will
accelerate, boosting the prospect the European Central Bank will
raise interest rates tomorrow. Gold has risen 5.5 percent this
year, while the euro gained 2.2 percent.
Read more at Bloomberg Commodities News
speculation a fall in the dollar will help to boost demand for
the precious metal as an alternative investment. Silver rose.
Gold generally moves in tandem with the euro which gained
against the dollar on speculation Europe's inflation will
accelerate, boosting the prospect the European Central Bank will
raise interest rates tomorrow. Gold has risen 5.5 percent this
year, while the euro gained 2.2 percent.
Read more at Bloomberg Commodities News
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