Gold swung between gains and losses near a two-week low in London as investors weighed speculation the U.S. Federal Reserve will curb stimulus against a weakening dollar.
Data released last week showed U.S. payrolls increased more than forecast in May, and Fed Chairman Ben S. Bernanke said last month that the central bank could curtail its $85 billion monthly bond purchases if the economy improves. The dollar was little changed against six major currencies after falling to the lowest level since Feb. 21 yesterday.
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