Gold Rises on NY Factory Data, Bargain Hunting;Focus on US Budget Talk - 0 views
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Herbert Bates on 21 Dec 12Gold prices are modestly higher at the start to a new week of trading on December 18, 2012. The precious metal is recovering losses from earlier in the session on mild bargain huntin, and after a report showed manufacturing in the New York area contracted more than expected, boosting expectations for expanded stimulus measures from the U.S. Federal Reserve.