(Bloomberg) -- Gold rose in New York as the
dollar's decline against the euro boosted the appeal of the
precious metal as an alternative investment. Silver also gained.
Gold generally moves in tandem with the euro, which
rebounded against the dollar after dropping 1.4 percent last
week. Before today, gold had gained 5.4 percent this year, while
the euro climbed 3.3 percent against the dollar.
Read more at Bloomberg Commodities News
dollar's decline against the euro boosted the appeal of the
precious metal as an alternative investment. Silver also gained.
Gold generally moves in tandem with the euro, which
rebounded against the dollar after dropping 1.4 percent last
week. Before today, gold had gained 5.4 percent this year, while
the euro climbed 3.3 percent against the dollar.
Read more at Bloomberg Commodities News
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