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Gold declines as dollar comeback on the cards

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Finotec

08-07-2008

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Gold futures fell after the dollar climbed, eroding the appeal of the precious metals as alternative investments

Gold futures fell after the dollar climbed, eroding the appeal of the precious metals as alternative investments. ``The main focus is on dollar strength,'' Liran Kapeluto, a senior dealer at trading-system operator Finotec Trading U.K. Ltd., said by phone from London. ``I expect selling pressure for the next couple of days.'' Gold currently trading at $926.90 as of 6:21 pm, GMT.

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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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