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Gold Is Taking Off

Matthew BoeslerOct 15, 2013, 23:59 IST

Thinkorswim

Talks in Washington over raising the debt ceiling and ending the government shutdown appear to be breaking down, and markets are reacting a bit.

According to CNBC, some GOP members may want to make John Boehner's proposal tougher.

Gold has had a crazy day already, and after a spike on this news, it's now positive. Right now, it's trading at $1281 an ounce, up 0.3%.