Gold prices rise on concern about Washington budget stalemate

Written By kolimtiga on Rabu, 25 September 2013 | 23.50

Gold prices on Wednesday morning rose for the first time in four trading sessions on mounting concern that U.S. budget negotiations will collapse and lead to a government shutdown.

Gold futures for delivery in December were up 0.6% to $1,324.70 an ounce on the Comex in New York. The price declined 3.9% in the previous three sessions.


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