Gold futures fell to $1,642.40 an ounce during the electronic trade

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Source: Marketwatch
Gold futures eased down during the electronic session following the declines in other metals' prices. COMEX gold futures for delivery in February traded at $1,642.40 an ounce on the New York Mercantile Exchange, during the Asian trading hours, losing 0.3% since opening.
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Fri, 13 Jan 2012 08:55:40 GMT

Obama: US needs another $1.2 trillion to meet current obligations

Barack Obama formally notified the Congress that US government needs to borrow another $1.2 trillion to meet existing commitments. Congress should vote during the next 15 days on the approval of the proposal that may raise debt ceiling to about $16.4 trillion. The government was near default in 2011 exceeding its debt ceiling. The proposal is expected to increase battles

Fri, 13 Jan 2012 08:54:47 GMT

Apple suspends initial iPhone 4S sales at Beijing store

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