Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on April 06, 2011, 11:07:15 am
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Gold and Silver: The Endless Rally
Gold gained to a record for a second day in London and New York as investors bought the metal on concern interest-rate increases will curb global growth and as the dollar slumped against the euro. Silver advanced to a 31- year high.
The euro rallied to a more-than 14-month high versus the greenback before the European Central Bank meets tomorrow to decide on interest rates. China raised rates yesterday for the fourth time since mid-October to restrain increasing consumer prices.
Source: Gold and Silver: The Endless Rally (http://www.marketracks.com/commodities/gold-and-silver-the-endless-rally/forward/350/)