Monthly Archives: October 2013

Gold Trades Near One-Week High as U.S. Budget Deadlock Persists

Gold traded near the highest price in almost a week in London as investors weighed a U.S. political stalemate that extended a government shutdown. Nonessential U.S. government services have been closed for a week as politicians try to pass a budget. U.S. President Barack Obama reiterated he won’t negotiate with Republicans over the borrowing limit, as Treasury...
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