Gold Declines After Worst Week in Six Months on Budget Deadlock

Gold extended losses from its worst week in six months as U.S. budget talks stalled, boosting concern lawmakers will fail to agree on a deal to avoid tax increases and spending cuts. Gold for immediate delivery lost as much as 0.3 percent to $1,652.20 an ounce and was little changed at $1,657.30…

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Gold Declines After Worst Week in Six Months on Budget Deadlock