Gold Prices Rise as Dollar Drops

Reuters reported that the price of gold increased as the dollar lost value against other currencies.

As quoted in the market news:

Spot gold rose 0.2 percent to $1,664.48 an ounce at 1333 GMT. The metal is on track for a 6 percent gain in the first three months of 2012 after posting its first quarterly drop in three years at the end of last year.

Click here to read the full Reuters report.