(Bloomberg) -- Gold and silver prices in New York
rose as a decline in the value of the dollar boosted the appeal
of the precious metals as alternative investments.
Gold generally moves in tandem with the euro, which
rebounded against the dollar on speculation interest rates will
rise faster in Europe than the U.S. Before today, gold gained
3.4 percent this year as the euro climbed 1.9 percent against
the dollar.
Read more at Bloomberg Commodities News
rose as a decline in the value of the dollar boosted the appeal
of the precious metals as alternative investments.
Gold generally moves in tandem with the euro, which
rebounded against the dollar on speculation interest rates will
rise faster in Europe than the U.S. Before today, gold gained
3.4 percent this year as the euro climbed 1.9 percent against
the dollar.
Read more at Bloomberg Commodities News
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