(Bloomberg) -- Gold headed for the biggest decline in London in eight weeks amid speculation the dollar's drop has spurred demand for U.S. equities as an alternative investment. Silver also fell.
Gold, down 2.8 percent this week, had its biggest one-day decline since March 2 yesterday. The Dow Jones Industrial Average rose to a second straight record as the weaker dollar boosted the appeal of U.S. equities for foreign investors.
Read more at Bloomberg Commodities News
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