Gold, Silver Futures Climb in New York as Euro Rises Against U.S. Dollar

(Bloomberg) -- Gold and silver rose in New York
after a decline in the value of the dollar against the euro
increased the appeal of precious metals as alternative
investments.

Gold usually moves in tandem with the euro, which rose the
most against the dollar in more than two months on signals the
European Central Bank may continue to raise interest rates this
year. Before today, gold had gained 2.5 percent this year, while
the euro had climbed 1.5 percent against the dollar.


Read more at Bloomberg Commodities News