Posts Tagged ‘Alternative’
Gold Rebounds on Demand for Alternative to Holding Currency
Gold Rebounds on Demand for Alternative to Holding Currency
April 27 (Bloomberg) — Gold futures rebounded in New York, heading for the third-straight gain on demand for an alternative to holding currencies. The dollar rose as much as 0.8 percent against the euro on speculation that Greece won’t get a loan quickly enough to avoid default on its bonds.
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