6
September
Gold Gains as Dollar Declines; Silver Trades Near Highest Level Since 2008
6 September 2010 Bloomberg.com
Gold, little changed in London, may gain as a weakening dollar and rising prices of other metals boost demand. Silver traded near the highest level in almost two-and-a-half years.
The dollar was little changed after earlier dropping to a two-week low against the euro. Gold, which usually moves inversely to the greenback, is trading 1.2 percent below a record. All six main industrial metals on the London Metal Exchange rose as a report last week showed U.S. employers added more jobs than estimated.
