×

Will Gold Shine in 2013?

Gold eased on Thursday from the prior session's two-week peak as the dollar strengthened and oil prices fell, with investors focusing on coming U.S. budget talks after euphoria over a vote to avert a fiscal crisis faded.

Gold
Hans-Peter Merten | Photographer's Choice | Getty Images

A global stock market rally petered out on Thursday as investors began worrying about likely future U.S. political battles over spending cuts.

Spot gold traded near $1,679, down about 0.5 percent, having touched a two-week peak above $1,694 in the previous session. U.S. gold for December delivery was down nearly $10 an ounce near $1,679.

The precious metal made a strong start to the year along with other financial assets, with commodities hitting multi-week highs on Wednesday, after the U.S. Congress passed a bill to avert an approaching fiscal crisis.

Vote
Vote to see results
Total Votes:

Not a Scientific Survey. Results may not total 100% due to rounding.

That said, we want to hear from you — will gold shine in 2013? Vote now in our "Futures Now" poll!

Read on for 10 Things You Need to Know to Trade Futures

Watch "Futures Now" Tuesdays & Thursdays 1p ET exclusively on FuturesNow.CNBC.com!

Like us on Facebook! Facebook.com/CNBCFuturesNow

Follow us on Twitter!@CNBCFuturesNow

— Reuters contributed to this report

Futures Now Video

Host Bio & Watch Now

Trader Bios