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Tuesday, October 1, 2013

Gold falls to lows not seen in two months between

FXstreet.com (Chicago)--gold dropped to bi-monthly minimums below the psychological level of $1,300 in the midst of a political crisis not seen in more than one decade in the United States. While Wall Street registered gains and oil under future contracts for the metals suffered considerable setbacks in the day on Tuesday.

Manufacturing results published in United States positively surprised with the ISM PMI in 56.2 against expectations at 55. In Washington, Democrats, represented by President Obama, showed great displeasure and announced their unwillingness to negotiate the proposals of the Republicans, leaving the paralysis with indefinite.

Gold is at $1,289 and back up 2.86% on $1,282.40 minimums and maximums at $1,337.80. Silver lost 2.44% and is offered at $21.18 with at $20.63 minimums and maximums at $21.97. The Platinum is in $1,389.20 and back up 1.34% by registering at $1,375 minimums and maximums at $1,414.40. Copper also lost a total of 1.31% and is found in $3.2795, registering at $3.2490 minimums and maximums at $3.3375. The Palladium at $719.75 and lost 1.02% minimum at $729.05 and minimum at $714.

* FXstreet.es, news of currency *

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