Tue, 04 Dec 2012 07:48:33 GMT
Gold declines on U.S. budget talks deadlock
Gold declined as the deadlock in the U.S. budget talks put pressure on commodities. Spot gold fell as much as 0.2% to $1,712.35 an ounce and was at $1,712.88 at 12:37 p.m. Singapore time. Bullion for February settlement slid 0.4$ to $1,714.70 an ounce, whereas cash silver declined 0.6% to $33.4538 an ounce, spot platinum slipped 0.3% to $1,600.50 an