Gold flat as Fed expected to stick to tapering plans

Gold prices were flat on Monday as the bullion was caught between a dip in the dollar and fears that the U.S. Federal Reserve would start paring stimulus this year despite weak jobs data. Spot gold was flat at $1,756.25 per ounce by 0053 GMT. Prices hit a two-week peak on Friday after the payrolls data but pared gains during the session.

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