Gold falls first time in 3 days before U.S. debt limit deadline

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Source: Bloomberg
© Scanpix/RS
Gold declined on Wednesday falling for the first time in a three-day period amid speculation that an agreement will be reached in debt limit talks avoiding the country's technical default before tomorrow's deadline. Bullion for delivery in October dropped 0.6% to $1,274.51 an ounce and it was traded at $1,279.84 as of 11:37 a.m. Singapore time.

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