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Reuters reported that gold is gathering strength as the U.S. fiscal cliff jump is averted.
Reuters reported that gold is gathering strength as the U.S. fiscal cliff jump is averted.
As quoted in the market report:
Gold added $7.01 an ounce to $1,681.55 by 0649 GMT after hitting a low around $1,670. Gold ended up around 7 percent in 2012, the 12th straight year of gains for the precious metal in what is one of the longest bull runs ever for a commodity.
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