Gold rose today from a three-month low amid strong euro
Gold rose today from a three-month low amid the euro's early gains against the dollar, boosting the appeal of precious metals as an alternative investment.
Gold futures for June delivery rose 80 cents, or 0.2 percent, to $417.70 an ounce on the Comex division of the New York Mercantile Exchange.
Yesterday's close at $416.90 was the lowest since Feb. 9. A futures contract is an obligation to sell or buy a commodity at a set price by a specific date.