Gold, silver rise after dollar hits new low, oil spikes
Apr 22nd, 2008 | By Robert | Category: Forex NewsGold prices rose Tuesday after the dollar slumped to a new low against the euro and crude oil spiked to near $120 — inflationary moves that boosted the metal’s appeal as an alternative investment.
Other commodities joined in the rally, with everything from copper to heating oil and agriculture futures trading higher.