Gold edges down, US fiscal talks in focus

http://1goldinvestment.com/gold-edges-down-us-fiscal-talks-in-focus/

Gold edges down, US fiscal talks in focus

Gold inched down on Thursday, giving up overnight gains in thin post-Christmas trade, with investors keeping a close eye on talks between the White House and Congress to prevent the US economy from plunging into recession next year.

FUNDAMENTALS

* Spot gold had dropped USD 2.83 an ounce to USD 1,656.66 by 0025 GMT, but still off a 4-month low struck last week.

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