BLBG: Gold Futures Rally in New York as Dollar Resumes Decline
By Steve Stroth
Dec. 21 (Bloomberg) -- Gold futures rose for a second straight session in New York as the dollar resumed its decline.
Gold futures for February delivery rose $4.90, or 0.4 percent, to $1,116.40 an ounce at 8:21 a.m. on the Comex division of the New York Mercantile Exchange. The dollar fell as much as 0.3 percent against a basket of six major currencies, heading for the first decline in a week.
