Gold May Fall in London as Dollar Gains on U.S. Growth; Silver Declines

(Bloomberg) -- Gold may fall as expectations of U.S.
economic growth buoy the dollar, reducing demand for the precious
metal as an alternative investment. Silver declined for a second day.

Gold dropped the most since June 8 yesterday on speculation
higher U.S. bond yields will boost the dollar. The dollar gained
for a second day today before U.S. reports on manufacturing and
the future direction of the economy that are expected to signal
growth, Bloomberg surveys of economists show.


Read more at Bloomberg Commodities News