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PRECIOUS-Gold inches up, uncertainty over US fiscal talks weighs
SINGAPORE, Dec 20 (Reuters) - Gold inched up on Thursday but
stayed near its lowest in over three months, as uncertainty
around U.S. budget talks kept investors on edge.
FUNDAMENTALS
* Spot gold had inched up 0.1 percent to $1,668.47 an
ounce by 0038 GMT, after hitting $1,661.01 earlier this week,
its lowest since Aug. 31.
* U.S. gold also edged up 0.1 percent, to $1,669.70.
* Talks to avoid a U.S. fiscal crisis appeared to stall on
Wednesday as President Barack Obama accused Republicans of
digging in their heels due to a personal grudge against him,
while a top Republican called the president “irrational”.
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