6
January
Gold Gains in London Trade as December Drop Attracts Investors
6 January 2010 Bloomberg.com
Gold advanced in London as last month’s decline, the steepest in more than a year, spurred demand from investors. Platinum rose to the highest price since August 2008.
Gold fell 7 percent in December, the worst month since October 2008 and paring the annual advance to 24 percent. The metal gained for a ninth year as investors sought to hedge against a weaker dollar by buying bullion. The U.S. Dollar Index, a gauge against six counterparts, rose 0.1 percent today.
http://www.bloomberg.com/apps/news?pid=20601091&sid=acTiwBAGcwDU
