(Bloomberg) -- Gold traded near a three-week high in
Asia amid speculation the euro may gain, boosting demand for the
metal as an alternative investment to a weakening dollar. Silver
was little changed.
Gold generally moves in tandem with the euro which may gain
for a third day against the dollar amid speculation the European
Central Bank will raise interest rates at a policy meeting today.
The U.S. currency fell to a three-week low against the euro
yesterday. Gold has gained 1.7 percent this month.
Read more at Bloomberg Commodities News
Asia amid speculation the euro may gain, boosting demand for the
metal as an alternative investment to a weakening dollar. Silver
was little changed.
Gold generally moves in tandem with the euro which may gain
for a third day against the dollar amid speculation the European
Central Bank will raise interest rates at a policy meeting today.
The U.S. currency fell to a three-week low against the euro
yesterday. Gold has gained 1.7 percent this month.
Read more at Bloomberg Commodities News
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