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    gold investing

    Falling Dollar Pushes Gold up

    Investing News Network
    Nov. 23, 2012 11:59AM PST
    Precious Metals Investing

    Bloomberg reported that gold futures climbed in Friday trading as the dollar fell, and investors flocked to precious metals.

    Bloomberg reported that gold futures climbed in Friday trading as the dollar fell, and investors flocked to precious metals.

    As quoted in the market report:

    The greenback fell to a three-week low against a basket of major currencies as data showed German business confidence rose in November and speculation mounted that Europe’s policy makers will agree to keep aid flowing to Greece. Gold reached a five- week high.

    To view the whole Bloomberg report, click here.

    europegold investing
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