Gold Futures Are Little Changed After Topping $1,250
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Gold climbed to a one-month high as demand for bars and coins increased in Asia and investors speculated that the Federal Reserve may be slow to curb economic stimulus after U.S. payrolls rose less than forecast.
Government figures on Jan. 10 showed that employment last month rose at the slowest pace in three years. Gold is “likely to find temporary support from short-covering activity and buying ahead of the Lunar New Year” in China, “but we believe buying will ease thereafter,” Barclays Plc said in a report.