(Bloomberg) -- Gold and silver rose in New York after
a decline in the value of the dollar boosted the appeal of
precious metals as alternative investments.
Gold generally moves in the opposite direction of the U.S.
dollar, which fell against the euro even after a report showed
more jobs were created last month than forecast. Before today,
gold had gained 2 percent this year while the dollar had dropped
3 percent against the euro.
Read more at Bloomberg Commodities News
a decline in the value of the dollar boosted the appeal of
precious metals as alternative investments.
Gold generally moves in the opposite direction of the U.S.
dollar, which fell against the euro even after a report showed
more jobs were created last month than forecast. Before today,
gold had gained 2 percent this year while the dollar had dropped
3 percent against the euro.
Read more at Bloomberg Commodities News
No comments:
Post a Comment