Gold rises as U.S. Fed may slow tappering

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Source: Bloomberg

Gold jumped on Monday trading session rising towards the strongest level in four weeks amid speculation that the U.S. Federal Reserve may keep the benchmark interest rates low as last week's report showed that payrolls in the country advanced less than forecast. Bullion for January settlement gained 0.6% to $1,255.45 an ounce, the most since December 12.


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Mon, 13 Jan 2014 19:17:06 GMT

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