(Bloomberg) -- Gold fell in New York as the dollar
halted a slide against the euro, eroding the appeal of the
precious metal as an alternative investment. Silver dropped.
Gold generally moves in the opposite direction of the
dollar, which rebounded against the euro after dropping to a
record. Before today, the metal had gained 4.1 percent this year
while the euro had climbed 4.2 percent against the dollar.
Read more at Bloomberg Commodities News
halted a slide against the euro, eroding the appeal of the
precious metal as an alternative investment. Silver dropped.
Gold generally moves in the opposite direction of the
dollar, which rebounded against the euro after dropping to a
record. Before today, the metal had gained 4.1 percent this year
while the euro had climbed 4.2 percent against the dollar.
Read more at Bloomberg Commodities News
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