Gold fluctuates as investors speculate on its demand

Source: Bloomberg
Gold fluctuated between gains and declines as investors speculated on metal's physical demand after the Fed spoke on tapering its monetary stimulus. Bullion for immediate delivery traded at $1,226.14 as of 9:41 a.m. London time, after its prices dropped 2.1% on Thursday, while the yellow metal for February delivery was at $1,225.30 in New York.

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