| From Bloomberg: Gold traded little changed above $800 in Asia, headed for the biggest weekly gain in nearly three months, as the dollar declined, boosting the appeal of the precious metal as an alternative investment.
Bullion has gained 8.6 percent this week, the most since Sept. 19, as the dollar has fallen 3.9 percent against a weighted basket of six major currencies on speculation U.S. lawmakers will delay voting on legislation to lend the country’s automakers enough money to survive into the new year..... Full Article: Source
|