(Bloomberg) -- Gold and silver rose in London on
speculation higher raw-material costs and a weaker dollar may
revive demand for precious metals as a hedge against inflation.
Bullion also gained after investors bought it as a haven
following attempted car bombings in London and an attack in
Glasgow last week, said Tom Kendall, a precious metals
strategist at Mitsubishi Corp. in London.
Read more at Bloomberg Commodities News
speculation higher raw-material costs and a weaker dollar may
revive demand for precious metals as a hedge against inflation.
Bullion also gained after investors bought it as a haven
following attempted car bombings in London and an attack in
Glasgow last week, said Tom Kendall, a precious metals
strategist at Mitsubishi Corp. in London.
Read more at Bloomberg Commodities News
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