Gold, Silver, Little Changed, May Fall as Dollar Strengthens Against Euro

(Bloomberg) -- Gold and silver, little changed in New
York, may fall on speculation a decline in the value of the euro
against the dollar will reduce the appeal of precious metals as a
hedge against the U.S. currency.

Gold generally moves in tandem with the euro, which is down
1.4 percent against the dollar since reaching a record on April
27. Before today, gold had gained 4 percent this year as the euro
climbed 2.1 percent against the dollar.


Read more at Bloomberg Commodities News