15.10.2013 - Gold swings as U.S. lawmakers seen nearing deal on debt ceiling
Gold swung between gains and losses amid speculation that U.S. lawmakers will forge a deal to avoid breaching the nationís debt ceiling and end a two-week partial government shutdown. Silver dropped for a sixth day. Bullion for immediate delivery lost as much as 0.5 percent to $1,266.40 an ounce and gained 0.3 percent, before trading at $1,274.53 at 10:31 a.m. in Singapore. Prices fell to $1,260.61 on Oct. 11, the lowest since July 11, on expectations that a deal would be reached. Gold for December delivery dropped 0.2 percent to $1,274 on the Comex in New York...............................................Full Article: Source
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