19
January
Gold rises on Asian demand, dollar decline
19 January 2011 Reuters
Gold rose on Tuesday as strong Asian physical demand and a weaker dollar helped the precious metal retrace some of this month's losses.
Customers in Asia have been buying gold at a price that remains well off its record high above $1,430 an ounce, even as other commodities such as crude oil, copper and grains are trading near multi-year highs.
