Gold may fall for a first day in four in New York as a stronger dollar curbs demand for alternative assets.
The euro slumped to the lowest since September against the U.S. dollar after Greek Prime Minister Lucas Papademos warned his country may face economic collapse as soon as March. France sold 7.96 billion euros ($10.2 billion) of debt, with borrowing costs rising in its first bond auction of the year as credit companies threaten to cut the nation’s AAA rating. Bullion’s correlation with the 17-nation currency is the highest since March 2010, data compiled by Bloomberg show….
