October 21, 2017

MTECHTIPS

MTECHTIPS:Gold ticks higher; on track for 12th annual gain

Gold ticked up to around $1,660 an ounce on Monday after the euro firmed against the dollar, but wary investors stayed on the sidelines as last-ditch attempts by U.S. lawmakers to resolve a fiscal crisis seemed to be getting nowhere.Lawmakers pushed the United States to the edge of the “fiscal cliff” as they struggled to reach a last-minute deal that could prevent the world’s largest economy from plunging into recession.

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