Friday, May 25, 2007

Gold Rises as Weaker Dollar, Higher Oil May Spur Demand; Silver Advances

(Bloomberg) -- Gold rose in London as higher energy
costs and a drop in the value of the dollar may revive investor
demand for the precious metal. Silver gained.

Gold has climbed 2.9 percent this year as the dollar dropped
against the euro and crude oil prices gained. Gold erased most of
today's earlier gain that was triggered by reports that North
Korea fired several missiles toward the Sea of Japan.


Read more at Bloomberg Commodities News

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