| When we take into account last week’s events, it seems that the yellow metal is more sensitive to signs of tapering than any other asset. According to Reuters, gold slipped to a two-week low on Friday after falling through a key technical level near $1,300 as strong U.S. economic data raised fears that the Federal Reserve may start to taper its commodities-supportive stimulus measures.
Losses pushed gold toward its worst weekly performance in a month. However, the shiny metal rebounded sharply from a low at $1,285 to $1,317 after weaker than expected U.S. non-farm payrolls...............................................Full Article: Source
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