"Gold, Silver Tumble as Dollar Gains, Curbing Demand for Alternative Assets" from Bloomberg

"Gold and silver futures tumbled the most in three weeks as the dollar climbed, eroding the appeal of precious metals as an alternative asset.

The greenback rose for the third straight day against a basket of six major currencies on speculation that an extension of tax cuts will spur the U.S. economy. Gold has gained 26 percent this year, reaching a record $1,432.50 an ounce yesterday."