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 May Fall in New York as Investors Sell on Stronger Dollar
Gold May Fall in New York as Investors Sell on Stronger Dollar
Dec. 23 (Bloomberg) -- Gold, little changed in New York today, may decline for a third day as gains in the dollar prompt investors to sell the metal. Gold yesterday slipped to seven-week low as the U.S. Dollar Index , a six-currency gauge of the greenback’s value, climbed to its highest level in more than three months on signs of a recovery in the world’s largest economy.
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