News Column

Gold Gains on US Budget Uncertainty

Dec 28, 2012
Gold

Gold futures on the COMEX division of the New York Mercantile Exchange ended modestly higher on Thursday due to increased uncertainty about whether leaders in Washington can reach a budget deal before yearend.

The most active gold contract for February delivery edged up $3, or 0.18 percent, to settle at $1,663.7 per ounce.



Source: Copyright Xinhua News Agency - CEIS 2012