SINGAPORE, Dec 31 Gold ticked up after the euro
firmed against the dollar, but wary investors stayed on the
sidelines as last-ditch attempts by U.S. lawmakers to resolve a
fiscal crisis seemed to be getting nowhere.
* Gold added $1.25 an ounce to $1,656.64 by 0004 GMT.
Gold is up around 6 percent for the year and is on track for a
12th straight year of gains on rock-bottom interest rates,
concerns over the financial stability of the euro zone, and
diversification into bullion by central banks.
* U.S. gold for February rose $1.70 to $1,657.60 an
* Efforts to prevent the U.S. economy from tumbling over a
"fiscal cliff" stalled on Sunday as Democrats and Republicans
remained at loggerheads over a deal that would prevent taxes for
all Americans from rising on New Year's Day.
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* The euro inched up 0.14 percent to 1.323 on
Monday. An agreement on the U.S. budget would be viewed as
positive for riskier currencies such as the euro and Australian
dollar, while a deadlock is deemed positive for the safe-haven
and highly liquid dollar.
* U.S. crude futures slipped on Monday for a third straight
session on worries that the United States might not reach a
budget deal by Jan. 1 to prevent a fiscal crisis that could
erode fuel demand at the world's largest oil consumer.
* Equity futures were slightly higher at the beginning of
electronic trading on Sunday night as budget talks continued in
0145 China HSBC Mfg PMI Final Dec 2012
1530 - Dallas Fed Texas manufacturing index for December
Precious metals prices 0004 GMT
Metal Last Change Pct chg YTD pct chg Volume
Spot Gold 1656.64 1.25 +0.08 5.94
Spot Silver 30.05 0.06 +0.20 8.52
Spot Platinum 1521.14 -13.86 -0.90 9.20
Spot Palladium 694.50 2.50 +0.36 6.44
COMEX GOLD FEB3 1657.60 1.70 +0.10 5.80 722
COMEX SILVER MAR3 30.10 0.13 +0.42 7.83 171
(Reporting by Lewa Pardomuan; Editing by Paul Tait)