Friday, June 29, 2007

Gold Advances After Dollar Rally Stalls; Silver Also Rises in London Trade

(Bloomberg) -- Gold rose in London, erasing an
earlier decline, as the dollar's rally against the euro stalled,
reviving demand for bullion as an alternative investment. Silver
also advanced.

Gold has added 1.9 percent this year as the dollar declined
2.2 percent against the euro. The dollar fell against the euro
today for the first day in a week.


Read more at Bloomberg Commodities News

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