Gold swings between gains and losses amid less stimulus

Gold futures fluctuated on Wednesday session due to concerns that the Federal Reserve will cut off its monthly bond-purchase programme before the end of 2013, however, the stimulus should stay intact until the end of this month. Gold for delivery in September rose 0.3% after it dropped 0.7% before it was traded at $1,325.65 an ounce as of 1:25 p.m. Singapore time.