(Bloomberg) -- Gold fell in New York on speculation
the dollar will halt a slide against the euro, eroding the appeal
of the precious metal as an alternative investment. Silver was
unchanged.
Gold generally moves in the opposite direction of the
dollar, which pared losses against the euro after dropping to a
record low. The metal has risen 3.8 percent this year while the
euro has gained 4.3 percent against the dollar.
Read more at Bloomberg Commodities News
the dollar will halt a slide against the euro, eroding the appeal
of the precious metal as an alternative investment. Silver was
unchanged.
Gold generally moves in the opposite direction of the
dollar, which pared losses against the euro after dropping to a
record low. The metal has risen 3.8 percent this year while the
euro has gained 4.3 percent against the dollar.
Read more at Bloomberg Commodities News
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