Gold Gains in New York as Slowing U.S. Economy Weakens Dollar

BY

Gold in New York rose, heading for the third straight weekly gain, after U.S. economic growth slowed in the third quarter, weakening the dollar and boosting the metal's appeal as an alternative investment.

Gold, sold in dollars, generally moves in the opposite direction of the U.S. currency, which today headed for the second straight weekly drop against the euro. Gold is up 16 percent this year, while the dollar has fallen 6 percent against a basket of six major currencies.

GAIN100

BY  在 2006-10-27 11:43 PM 發表:

Gold in New York rose, heading for the third straight weekly gain, after U.S. economic growth slowed in the third quarter, weakening the dollar and boosting the metal's appeal as an alternative inv ...

連升3日，好像升勢未完喎!!!