(Bloomberg) -- Gold and silver fell in New York on
speculation the euro's rally against the dollar will stall,
reducing the appeal of precious metals as alternative
investments.
Gold generally moves in tandem with the euro, which today
fell from a two-month high. Before today, gold had climbed 3.3
percent this year and the euro had risen 3.2 percent against the
dollar.
Read more at Bloomberg Commodities News
speculation the euro's rally against the dollar will stall,
reducing the appeal of precious metals as alternative
investments.
Gold generally moves in tandem with the euro, which today
fell from a two-month high. Before today, gold had climbed 3.3
percent this year and the euro had risen 3.2 percent against the
dollar.
Read more at Bloomberg Commodities News
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