(Bloomberg) -- Gold fell in New York on speculation
the euro's rally against the dollar will stall, reducing the
appeal of the precious metal as an alternative investment.
Silver also dropped.
Gold generally moves in tandem with the euro, which was
little changed today after reaching a record against the dollar
on July 13. Gold and the euro each have gained 4.4 percent this
year.
Read more at Bloomberg Commodities News
the euro's rally against the dollar will stall, reducing the
appeal of the precious metal as an alternative investment.
Silver also dropped.
Gold generally moves in tandem with the euro, which was
little changed today after reaching a record against the dollar
on July 13. Gold and the euro each have gained 4.4 percent this
year.
Read more at Bloomberg Commodities News
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