PRECIOUS-Gold steadies off 1-month high after U.S. payroll data | Reuters

 

* Markets digest Friday’s U.S. jobs numbers

* Premiums ease in China, India after price rally

* Platinum hits two-month high at $1,438.24/oz (Updates prices, adds comment)

LONDON, Jan 13 (Reuters) – Gold steadied on Monday off an earlier one-month high, with a rally sparked by last week’s weak U.S. jobs data running out of steam as analysts predicted the Federal Reserve will continue tapering monetary stimulus.

Prices hit $1,254.05, their highest since Dec. 12, as some interpreted Friday’s U.S. nonfarm payroll figures as strengthening the case for the Fed to keep interest rates low for longer.

U.S. employers hired the fewest workers in nearly three years in December, the data showed.

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