Fri, 24 Jan 2014 11:22:04 GMT
Gold falls as investors weighed on Fed's scale back
Gold declined on Friday trading session falling from the highest level in six weeks and paring its longest weekly gain since late 2012 as investors speculate whether the U.S. Federal Reserve scales back on the next policy meeting. Bullion for January delivery lost 0.5% to $1,258.36 an ounce and was last seen at $1,260.01 at 3:14 p.m. Singapore time.