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CNBC reported that gold hovered at three-week highs on Friday, bolstered by anticipation of flexible U.S. monetary policy.
CNBC reported that gold hovered at three-week highs on Friday, bolstered by anticipation of flexible U.S. monetary policy.
As quoted in the market report:
Since the U.S. elections on Tuesday, investors have become worried that Washington’s politicians may struggle to find a compromise to cut the budget deficit before nearly $600 billion worth of spending cuts and tax increases kick in early in 2013.
To view the whole CNBC report, click here.
