WASHINGTON — House Republicans have unveiled a massive $1 trillion-plus yearend spending package despite a plea from the White House for additional talks over a handful of provisions opposed by President Barack Obama.
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Market summary from other sources this morning also attributing the rise in gold and silver to fears in the euro zone debt crisis (surprise, surprise). Silver is trading at 29.04 and Gold is at 15.91. We will wait and see if this holds up into the U.S. market open.
SINGAPORE, Dec 15 (Reuters) - Spot gold traded steady on Thursday after a dropping 3.5 percent in the previous session, as funds sold off holdings before the year-end and fears grew about the euro zone debt crisis after Italian bond yields hit a new high.