3 January 2005, 10:46 Gold falls in Asia on firm dollar, trade thin
Gold shed around $5 an ounce on Monday in this year's first trading day, losing some of its shine to a firmer dollar and the holiday absence of investors in Japan.
Gold gained nearly 6% in 2004г., and dealers expected the metal to rise further this year as violence in Iraq, high oil prices and the dollar's poor outlook raise gold's safe-heaven appeal.
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