PRECIOUS-Gold Edges up; U.S. Fiscal Uncertainty Caps Gains
Sunday, December 2, 2012 22:03
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PRECIOUS-Gold Edges up; U.S. Fiscal Uncertainty Caps Gains
Gold posted minor gains on Monday on strength in the euro, but uncertainty about the U.S. budget talks kept bullion’s advances in check.
Underscoring investors’ interest in the metal, holdings of gold-backed exchange-traded funds hit a record high and speculators raised their net length in gold for the third straight week.
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