Reuters reported that gold rose modestly on Monday as investors remain nervous about the U.S. fiscal cliff.
As quoted in the market report:
“Spot gold was up 0.10 percent to $1,696.6 an ounce by 1510 GMT after falling nearly half a percent in the previous week. U.S. gold was up 0.01 percent to $1,695.90.”
Monday December 17, 2012, 9:43am PST http://www.missionmining.com