(Bloomberg) — Gold is set for the biggest monthly gain in more than four years after a weaker dollar and low rates fueled its surge to a record. Silver headed for its best month since 1979.Spot bullion is up 11% in July as a gauge of the dollar slumped, prompting concerns its status as the world’s reserve currency of choice is at risk, and U.S. real yields fell to a record low. While the ferocity of gold’s rally cooled as the week wore on, it’s only about $10 shy of its all-time high and most market watchers predict there may …read more
Source:: Yahoo Finance
