| Gold is seen declining for the first time in three days in London on speculation Europe’s debt crisis will drive investors to the dollar, curbing demand for the metal as an alternative asset.
The dollar traded near a 22-month high versus the euro today as concern Europe’s turmoil is hurting economic growth boosted demand for the greenback. Gold imports by India may fall as much as 51 percent this month as a weaker rupee and higher duties increase prices, the Bombay Bullion Association said...............................................Full Article: Source
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