Gold Sell-off Intensifies as USD Firms- GDP, NFPs, in Focus | DailyFX: "With tapering expectations largely pushed out until March, why is gold trading so heavy? Two answers arise, A- with inflation expectations well anchored in the medium-term (latest CPI data print 1.2% y/y & 0.2% m/m), the appeal of gold as an inflationary hedge remains subdued. B- As the economic recovery continues to gather pace, tapering will become more pressing on the Fed, which should in turn offer further support for the US Dollar. "
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