BLBG: Gold Rebounds in London as Dollar Pares Gains Against Euro
Gold rose in London, erasing an earlier loss, as the dollar pared gains against the euro, increasing the metal’s appeal as an alternative investment.
Gold for immediate delivery climbed as much as $3.93, or 0.4 percent, to $903.68 an ounce and traded at $900.65 as of 8:51 a.m. in London. The metal earlier fell as much as 1.3 percent.