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Gold Continues to Rise On Potential Dollar Decline
Gold advanced for a fifth consecutive day in London on speculation the dollar will resume its decline against the euro
Gold advanced for a fifth consecutive day in London on speculation the dollar will resume its decline against the euro, increasing demand for the precious metal as an alternative investment.
Gold for immediate delivery rose $1.70, or 0.3 percent, to $655.90 an ounce at 11:39 a.m. in London. The metal may climb to $700 this month, Sin said.
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