Economics
Gold May Fall on Recovery Signs, Stronger Dollar, Survey Shows
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Gold may decline as signs the U.S. economy is recovering and a strengthening dollar curb investment demand for the metal, a survey found.
Eleven of 20 traders, investors and analysts surveyed by Bloomberg, or 55 percent, said the metal will fall next week. Eight predicted higher prices and one was neutral. Gold for February delivery was down 3.8 percent for this week at $1,367.70 an ounce at 11 a.m. yesterday on the Comex in New York.