Reuters reported that gold is gathering strength as the U.S. fiscal cliff jump is averted.
As quoted in the market report:
Gold added $7.01 an ounce to $1,681.55 by 0649 GMT after hitting a low around $1,670. Gold ended up around 7 percent in 2012, the 12th straight year of gains for the precious metal in what is one of the longest bull runs ever for a commodity.
