US- Gold futures fall on Investor Sales after Metal Rises to Record $1,631.20

Bloomberg – Gold futures fell on investor sales after the precious metal rose to a record $1,631.20 an ounce.  The 14-day relative-strength index for gold topped 70 in the previous two days, a signal that prices may fall. Gold reached the record as the cost of insuring U.S. debt rose to a 17-month high. Congressional leaders offered competing budget plans to avoid a $14.3 trillion default. Read Article