Flash: Gold eases on US Budget deal - UOB Group

FXstreet.com (Barcelona) - Market Strategists at UOB Group note that economic and political developments in the US have helped Gold to ease back.

Key Quotes

“Gold (eased), following a three-day rally, as tentative US Budget deal supported expectations for an earlier reduction in US Monetary stimulus.”

“The gold price decreased by US$3.90 and close at US$1,257.20 on 11 December.”