(Bloomberg) -- Gold may resume its two-month rally as a decline in the value of the dollar boosts the appeal of the precious metal as an alternative investment.
Twelve of 26 traders, investors and analysts surveyed by Bloomberg from Sydney to Chicago on April 26 and April 27 advised buying gold, which fell 2 percent to $681.80 an ounce last week on the Comex division of the New York Mercantile Exchange. The decline was the first in eight weeks. Five respondents said to sell, and nine were neutral.
Read more at Bloomberg Commodities News
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