Gold fell after the decision on the U.S. national debt

The price of gold has fallen slightly following news that Washington politicians have found common ground to raise the ceiling on U.S. national debt. The August contract fell $ 4.20 (0.3%) to $ 1596.90 an ounce. U.S. President Barack Obama has said he is ready to approve a $ 100 million short-term increase in government … Read moreGold fell after the decision on the U.S. national debt

China is worried about the U.S. national debt

China has called on the United States to take responsible measures to improve confidence in the dollar in the midst of the U.S. debt crisis, thus expressing investor fears about a possible U.S. default. The call came at a time when representatives of U.S. political parties were debating a plan to raise the country‚Äôs public … Read moreChina is worried about the U.S. national debt