Gold on Track to Hit Lows Not Seen Since June

Reuters reported that gold is on pace to have the worst week since June, as stalled U.S. budget talks are weighing on investors.

As quoted in the market report:

Bullion stood at $1,649.20 per ounce by 1411 GMT, barely changed on the day after earlier hitting a low of $1,635.24. It touched a four-month low of $1,635.09 on Thursday.

To view the whole Reuters report, click here.