10
December
Gold Climbs, Paring Weekly Loss, as Dollar Retreat Fuels Demand
10 December 2009 Bloomberg.com
Gold advanced, trimming this week’s loss, as a retreat in the U.S. dollar revived investor appetite for the precious metal as an alternative asset.
Asian stocks may climb, tracking an overnight gain in their U.S. counterparts, as signs of an economic recovery helped ease concern some euro-region countries may struggle to meet debt commitments. The Dollar Index, a six-currency gauge of the dollar’s value, slipped 0.5 percent yesterday.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a6gyGjiDeV0I
