(Bloomberg) -- Gold may gain for the third straight
week on speculation that a decline in the value of the dollar to
a record against the euro will boost demand for the precious
metal as an alternative investment.
Thirty of 37 traders, investors and analysts surveyed by
Bloomberg from Sydney to Chicago on July 12 and July 13 advised
buying gold, which rose 1.9 percent last week to $667.30 an
ounce on the Comex division of the New York Mercantile Exchange.
Two said to sell, and five were neutral.
Read more at Bloomberg Commodities News
week on speculation that a decline in the value of the dollar to
a record against the euro will boost demand for the precious
metal as an alternative investment.
Thirty of 37 traders, investors and analysts surveyed by
Bloomberg from Sydney to Chicago on July 12 and July 13 advised
buying gold, which rose 1.9 percent last week to $667.30 an
ounce on the Comex division of the New York Mercantile Exchange.
Two said to sell, and five were neutral.
Read more at Bloomberg Commodities News
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