(Bloomberg) -- Gold and silver fell in New York as
a decline in the value of the euro against the dollar reduced
the appeal of the precious metals as alternative investments.
Gold generally moves in tandem with the euro, which fell
for the first time in five sessions against the dollar. Before
today, gold had gained 3.4 percent this year, while the dollar
had lost 1.6 percent against the euro.
Read more at Bloomberg Commodities News
a decline in the value of the euro against the dollar reduced
the appeal of the precious metals as alternative investments.
Gold generally moves in tandem with the euro, which fell
for the first time in five sessions against the dollar. Before
today, gold had gained 3.4 percent this year, while the dollar
had lost 1.6 percent against the euro.
Read more at Bloomberg Commodities News
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