Gold Rises on Demand for Currency Alternative; Palladium Jumps
Gold Rises on Demand for Currency Alternative; Palladium Jumps
March 5 (Bloomberg) -- Gold futures rose, capping a weekly gain, on investment demand for the metal as an alternative to holding currency. Palladium jumped to a 20-month high.
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Gold Advances in New York on Demand for Alternative to Currency
Gold Advances in New York on Demand for Alternative to Currency
Feb. 17 (Bloomberg) -- Gold climbed to a four-week high in New York, before paring gains, on speculation that wider Greek budget deficits will spur demand for the metal as an alternative to holding currency.
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Gold Rises to a Record on Stronger Demand for a Currency Hedge
Gold Rises to a Record on Stronger Demand for a Currency Hedge
Dec. 2 (Bloomberg) -- Gold surged to a record for a second day as investors stepped up purchases to protect their wealth against fiat currencies. Silver also gained.
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