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Gold Falls on Friday, but on Track for Weekly Gain
Dec. 28, 2012 08:39AM PST
Precious Metals InvestingCNBC reported that gold dropped slightly on Friday in advance of more U.S. budget talks, although it is on track to register the first weekly gain in a month.
CNBC reported that gold dropped slightly on Friday in advance of more U.S. budget talks, although it is on track to register the first weekly gain in a month.
As quoted in the market report:
Failure to clinch a deal in the United States could trigger safe-haven buying of bullion, but if the White House and Congress do reach an agreement, gold may track stock markets higher.
