Gold held steady on Monday after posting its biggest weekly gain in five weeks on speculation that the Federal Reserve would slow the pace of its stimulus tapering after a weak U.S. jobs report raised questions over the state of economic recovery.
Spot gold was little changed at $1,266.01 an ounce by 0021 GMT, after gaining 0.7 percent in the previous trading session. Gold is often seen as a safe-haven investment.
Data on Friday showed that U.S. job creation slowed sharply over the past two months, turning in the weakest performance in three years. A union steward was killed in a clash with police at an Anglo American Platinum mine in South Africa, where workers were holding a strike to press for higher wages.
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