| 07.06.2012 - Gold climbs to 4-week high as weaker dollar spurs demand |
| Gold rose to a four-week high in London as a weaker dollar increased the metal’s appeal as an alternative asset. The dollar declined versus the euro amid speculation the world’s leading economies will collaborate on a response to Europe’s debt crisis. Federal Reserve Bank of Chicago President Charles Evans said recent U.S. economic data warrant “extremely strong accommodation.”..............................................Full Article: Source |