(Bloomberg) -- Gold rose to its highest level in more than 11 months as a weak U.S. dollar underpinned investor demand. Silver was little changed.
Gold generally moves in the opposite direction of the dollar which dropped to a 27-month low against the euro on April 20 amid speculation the U.S. interest rate advantage over Europe will narrow. Gold rose 1.3 percent on the same day. The dollar has fallen more than 10 percent versus the euro in the past year.
Read more at Bloomberg Commodities News
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