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PRECIOUS-Gold ticks up on U.S. fiscal cliff worry

PRECIOUS-Gold ticks up on U.S. fiscal cliff worry

Mon Nov 12, 2012 6:18am IST

SINGAPORE, Nov 12 (Reuters) - Gold edged up on Monday after
posting its biggest weekly gain since late August on safe-haven
buying driven by worries the United States could return to
recession if Congress fails to reach a deficit-reduction deal.

FUNDAMENTALS
* Gold added $3.03 an ounce to $1,733.94 by 0025 GMT,
holding near a 3-week high around $1,738 struck on Friday.
* U.S. gold for December rose $3.30 an ounce to
$1,734.20.

Read more: http://in.reuters.com/article/2012/11/12/markets-precious-id...



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