Gold falls on speculation of Fed's tapering

Note: This section contains information in English only.
Source: Bloomberg
Gold dropped in London as investors speculated on the Federal Reserve tapering before tomorrow's unemployment data release. The Yellow metal for immediate delivery declined 0.5% to $1,237.09 an ounce as of 8:09 a.m. London time, after its prices jumped 1.7% on Wednesday, the most since October 22. Bullion for February delivery fell 0.9% to $1,236.20 in New York.

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