Adam Sarhan CNBC.com Quote: Gold Tumbles on 'Cliff' Talk Hopes
Published: Tuesday, 18 Dec 2012 | 2:59 PM ET Gold fell almost 2 percent on Tuesday to its lowest price since August, hit by heavy technical selling and growing hopes that U.S. legislators are closer to reaching a deal that would avert a fiscal crisis next month. Bullion posted its biggest one-day drop since Nov….