Gold prices rose above $3,305/oz, buoyed by a softening U.S. dollar and market jitters over the country’s ballooning deficit and political gridlock surrounding tax cuts.
Investors are turning to gold as a defensive play amid growing concerns about the U.S. fiscal trajectory.
The dollar’s retreat has made gold more appealing internationally, further supporting its price.
Original Source: Yahoo Finance
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Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
