(Bloomberg) -- Gold may rise in London on
speculation the dollar will decline further, spurring demand
for the metal as an alternative investment. Silver gained.
Gold has more than doubled since 2000 as the dollar
declined more than a quarter against a basket of six currencies
including the euro and yen. Gold has gained 5.7 percent this
year and the dollar has declined 4.5 percent against the euro.
Read more at Bloomberg Commodities News
speculation the dollar will decline further, spurring demand
for the metal as an alternative investment. Silver gained.
Gold has more than doubled since 2000 as the dollar
declined more than a quarter against a basket of six currencies
including the euro and yen. Gold has gained 5.7 percent this
year and the dollar has declined 4.5 percent against the euro.
Read more at Bloomberg Commodities News
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