(Bloomberg) -- Gold rose for the first day in three
in London as the dollar declined, buoying demand prospects for
the precious metal as an alternative investment. Silver declined.
The metal has gained 2.5 percent this year while the dollar
has fallen 1.3 percent against a basket of six currencies
including the euro and yen. The dollar dropped against the euro
today as yields on 10-year Treasuries declined.
Read more at Bloomberg Commodities News
in London as the dollar declined, buoying demand prospects for
the precious metal as an alternative investment. Silver declined.
The metal has gained 2.5 percent this year while the dollar
has fallen 1.3 percent against a basket of six currencies
including the euro and yen. The dollar dropped against the euro
today as yields on 10-year Treasuries declined.
Read more at Bloomberg Commodities News
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