Gold May Gain as Dollar’s Rally Stalls, Boosting Metal’s Allure

26 April 2010  Bloomberg.com

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Gold fell from a one-week high in London as the dollar’s advance against the euro may curb demand from investors seeking an alternative investment.

The dollar extended gains against the euro as Greece moved toward getting an emergency aid package before debts come due next month. The metal priced in euros and Swiss francs earlier climbed to records. Gold priced in dollars last year moved inversely to the U.S. currency.

http://www.bloomberg.com/apps/news?pid=20601012&sid=ahi8rC6JZKIY