HEADLINES Gold up again but gains small as fiscal crisis hedge. Gold prices rose for a fourth straight day for their longest winning stretch in nearly two months, but the gains were small for a market seen as a key hedge to the TRADING TIP: U.S. fiscal crisis, dealers said. Bullion prices have crept up since December 21, though they have gained noBuy Gold Feb more than 1 percent in all as America heads for anotherAbove 30840 possible recession from punitive tax hikes and spending cuts scheduled to start as early as next week.TGTS-30900/31000 Traditionally a safe-haven and inflation hedge that investors rush to in times of trouble, gold has latelySL-30750 behaved like any risk asset -- often rising and falling with the stock market and sometimes even following the dollar. Base metals inch higher as holidays, fiscal cliffSell Zinc Dec keep volumes downBelow 113.40 Base metals edged higher in the official session on the London Metal Exchange, while trading remainedTGTS-112.60/111.80 shackled by uncertainty over the US fiscal cliff. TheSL-114.10 complex remains touchy to the US fiscal cliff quickly approaching,” an analyst said in a note. Three-month copper settled at $7,897/900 per tonne, after opening the day at $7,888.75.WWW.EPICRESEARCH.CO +91 9752199966
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