“Gold fell in London with stocks and oil after reaching a two-week high yesterday and as a stronger dollar curbed demand for bullion as an alternative investment.
Gold rose to the highest since since Dec. 18 yesterday after U.S. lawmakers passed a bill averting automatic spending cuts and tax increases, heading off the so-called fiscal cliff. TheU.S. Dollar Index, a gauge against six counterparts, rose to the highest since Dec. 11 today, on speculation policy makers will struggle to reach an agreement to raise the U.S. debt limit….”
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