Gold is supposed to thrive on uncertainty, but the protracted budget talks in Washington towards the end of last year had the opposite effect, as investors sat on their hands - not just because of the wrangling in Congress, but also because of a reluctance to establish fresh positions before the end of the year.
via Business feed http://www.scmp.com/business/commodities/article/1122345/washington-effect-adds-caution-gold-market
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