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Gold decreased on Thursday falling for the first time in a four-day period as a deadlock in the U.S. came to an end as President Barack Obama and Congress representatives agreed on the new federal ceiling damping haven assets demand. Bullion for delivery in October dropped 0.5% to $1,275.95 an ounce after it was traded at $1,278.6 by 2:11 p.m. Singapore time.