Gold slipped on Wednesday after last minute talks to prevent the United States from plunging into recession went off course, turning investors away.
* Spot gold fell $3.65 an ounce to $1,670.89 by 0022 GMT. Gold ended up around 7 percent in 2012 - the 12th straight year of gains for the precious metal which makes it one of the longest bull runs ever for a commodity.
* U.S. gold for February eased $3.90 an ounce to $1,671.90.
* House Republicans complained that a bill passed by the Senate in a late-night show of unity to prevent a budget crisis contained tax hikes for the wealthiest Americans but no spending cuts.
* Markets were eerily quiet in Asia as trade resumed on Wednesday with investors anxiously waiting to see if the U.S. Congress could strike a last-minute deal to avoid triggering tax rises and spending cuts that could threaten the global economy.
* U.S. crude futures edged down toward $91 on Wednesday amid fiscal worries about the United States - the world's largest economy and top oil consumer.