Gold advances; concerns over Fed stimulus tapering remain

Note: This section contains information in English only.
Source: WBPonline
© Scanpix\Reuters
Gold prices rebounded, but still remained under the level of $1,300 an ounce, with markets expecting more signs on when the Federal Reserve will begin to scale back its bond buying programme. Gold futures jumped 0.68% to $1,294.10 per ounce and silver gained 1.26% to $19.755 per ounce. Holdings in SPDR Gold Trust decreased to 910.53 tonnes, the lowest level since February 2009.

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