(Bloomberg) -- Gold was little changed in Asia as the dollar fell for a fourth day against the euro, boosting the appeal of the precious metal as an alternative investment. Tokyo gold futures rose.
Gold rose 0.3 percent yesterday as the dollar fell the most in more than two weeks against the euro after a government report showed U.S. consumer prices rose last month by less than economists forecast, reducing chances of higher interest rates. Gold generally moves in the opposite direction of the dollar.
Read more at Bloomberg Commodities News
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