(Bloomberg) -- Gold rose in New York as the
dollar's rally against the euro stalled, boosting the appeal of
the precious metal as an alternative investment. Silver gained.
Gold generally moves in the opposite direction of the U.S.
dollar, which was little changed against the euro after climbing
1.7 percent since June 5. Gold has lost about 3.2 percent since
then.
Read more at Bloomberg Commodities News
dollar's rally against the euro stalled, boosting the appeal of
the precious metal as an alternative investment. Silver gained.
Gold generally moves in the opposite direction of the U.S.
dollar, which was little changed against the euro after climbing
1.7 percent since June 5. Gold has lost about 3.2 percent since
then.
Read more at Bloomberg Commodities News
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