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Weak jobs growth unlikely to derail QE cuts: Fed officials

Last Updated: Saturday, January 11, 2014, 03:14

Another cut to bond purchases appears in the offing this month despite data that showed U.S. jobs growth slowed sharply in December, two top Federal Reserve officials said on Friday.

Gold price steady after two-day gains, but taper worries linger

Last Updated: Tuesday, December 10, 2013, 11:26

Gold was steady on Tuesday after gaining 1.3 percent over the past two days, but trading volumes were thin as investors turned their attention to a U.S. Federal Reserve policy meeting next week.

Gold drops on fresh stimulus fears, weak buying from China

Last Updated: Monday, September 23, 2013, 10:53

Gold, often seen as an inflation-hedge and a safe-haven investment, is highly sensitive to the fate of the stimulus which propelled it to record highs in 2011.

Gold steady after sharp losses, US stimulus in focus

Last Updated: Monday, September 23, 2013, 09:15

Gold was steady on Monday after sliding sharply in the previous session on fresh fears the United States could taper its massive economic stimulus sooner rather than later.

Strong data damps Fed need to buy bonds: Bullard

Last Updated: Sunday, January 08, 2012, 22:07

Signs the US recovery is gaining strength suggest the Federal Reserve may not need to buy any more bonds to spur growth, a top policymaker said on Saturday.