1
October
Gold, Silver Post Biggest Gains in Four Weeks as Dollar Slumps
1 October 2009 Bloomberg.com
Gold and silver prices posted the biggest gains in almost four weeks as the dollar slid, sparking demand for the metals as alternative investments.
The greenback dropped as much as 0.8 percent against a basket of six major currencies. This quarter, gold jumped 8.8 percent, the most since the three months ended March 31, 2008. The metal has climbed 14 percent this year, while the dollar was down 5.7 percent.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=anICDbYZ.JVE
