9
February
Gold Gains Most in a Week as Halt in Dollar Rally Spurs Demand
9 February 2010 Bloomberg.com
Gold gained the most in a week as a halt in the dollar’s rally may increase demand for the metal as an alternative investment.
The U.S. Dollar Index, a six-currency gauge of the greenback’s strength, fell as much as 0.4 percent after last week climbing to the highest level in almost seven months. Gold futures, which usually move inversely to the dollar, slid 5.8 percent in three sessions to a three-month low on Feb. 5.
http://www.bloomberg.com/apps/news?pid=20601012&sid=aqdhIOJNG1HQ
