Investors Eye U.S. Budget Talks, Gold Pulls Back Slightly

Reuters reported that gold hovered around last week’s four month lows on Thursday, as investors continue to eye U.S. budget talks.

As quoted in the market report:

Gold fell $4.58 an ounce to $1,654.91 by 1059 GMT. It has come off a 4-month low of $1,635.09 struck last Thursday, but remains below a record high of around $1,920 hit in September 2011.

To view the whole Reuters report, click here.