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Gold Futures Decline From Three-Month High on Stronger Dollar

Gold declined from a three-month high in New York as a stronger dollar crimped demand for the precious metal as an alternative investment.

The Bloomberg Dollar Index, a gauge against 10 major currencies, rose as much as 0.5 percent. Gold prices have fallen 15 percent this year as the greenback climbed 4.3 percent. Earlier, prices rose to the highest since May on mounting speculation that there will be an American-led attack on Syria, boosting the appeal of haven assets.