Gold Falls as Dollar’s Rebound Crimps Investment Demand
This article is for subscribers only.
Gold futures fell for the first time in three sessions as the dollar’s rebound eroded the appeal of the precious metal as an alternative asset.
The greenback gained for the first time in a week against the euro as European Union finance ministers gather in Brussels to decide on aid for Greece. On Nov. 23, optimism on Greece helped send gold to $1,755 an ounce, the highest since Oct. 17.