Gold rises on new inflation wariness

20 July 2009  MarketWatch

Market Watch logo

Gold prices rose on Friday and ended the week with a modest gain, as a fresh increase in commodities prices rekindled investor interest in the metal as a hedge against inflation.

Limiting gold's gains, the U.S. dollar rose against most of its major rivals, putting downward pressure on dollar-denominated gold prices.

http://www.marketwatch.com/story/gold-falls-pacing-losses-in-crude-as-dollar-rises