Precious metals sag before fiscal cliff talks
Spot gold is off $6.20 or 0.37% to $1,656.40 /oz as of 12:52 ET.
Silver is also down 1.25% to $29.99, and platinum lost 0.91% to $1,516.
President Obama and congressional leaders will meet at 3 p.m. ET today to discuss the fiscal cliff.