News Summary: Gold falls on economic worries

11/15/2012 1:00 PM
By Associated Press

LUSTER FADES: Gold fell about 1 percent on growing worries about the global economy with pending U.S. budget issues and Europe's recession. Analysts say investors favor holding on to their cash until there is a better idea of where the global economy is headed.

ECONOMIC WOES: President Barack Obama and Republican congressional leaders remained at odds over a way to resolve budget issues before tax hikes and government spending cuts take effect Jan. 1. Meanwhile, new data showed 17 European countries are in recession.

JUICE JUMPS: Orange juice futures rose 3.1 percent as the approaching winter season attracted new buyers.

Do farmers have the tools they need to cut costs in the face of low crop prices?

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3/6/2015 | Last Updated: 3:00 PM