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Gold prices fall on fiscal cliff

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By The Associated Press
Wednesday, Dec. 5, 2012, 12:01 a.m.
 

• Gold drops: The price of gold fell to its lowest level in a month as negotiations continued over the budget.

• Cliff watch: There are just a few weeks left before the nation reaches the fiscal cliff, which refers to automatic tax increases and government spending cuts which would take effect Jan. 1 if a budget agreement isn't reached.

• Up, down: Prices fell for wheat and corn. Soybeans are higher.

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