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Gold declines after modest dollar gains

By:

Finotec

09-07-2008

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Gold fell for a fifth day in Asia as the dollar traded near a two-week high against the euro and crude oil fell, eroding the metal's appeal as a hedge against inflation. The dollar also rose versus the yen after Federal Reserve Chairman Ben S. Bernanke said the central bank may extend its emergency-loan program for securities firms into next year. Gold fell 2.7 percent in the past four days. Gold currently trading at $925.75

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Derivative and forex trading broker Finotec is a division of leading real-time Internet trading company Finotec Trading Inc, which pioneered the world of online forex trading in 1998. After launching our revolutionary forex online trading platform in 2001, we continued to improve our services and no

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