MARKETS
Gold sags on prospect of 'fiscal cliff' accord
Thai shares ease a bit after drawn-out rally
- Published: 21 Dec 2012 at 00.00
- Newspaper section: Business
Gold prices continue to dive on market expectations that the US Congress would reach an agreement to avoid the "fiscal cliff".
Sanya Harnpatanakitpanich, a strategist at Globlex Securities, said gold prices had declined even as the US dollar strengthened.
US economic data have improved, with housing starts rising to a better than expected 900,000 units.
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