Reuters reported that gold hovered around last week’s four month lows on Thursday, as investors continue to eye U.S. budget talks.
As quoted in the market report:
Gold fell $4.58 an ounce to $1,654.91 by 1059 GMT. It has come off a 4-month low of $1,635.09 struck last Thursday, but remains below a record high of around $1,920 hit in September 2011.
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