Gold Spot Price Wobbling

LONDON (Sept 9)  Gold today wobbled in New York as investors weighed signs that the U.S. Federal Reserve will cut its bullion-friendly monthly debt purchases this month against prospects of U.S. President Barack Obama winning support from Congress for a limited military action against Syria.

Spot Gold price was down 0.26 percent at $1,388.90 an ounce on the Comex in New York as of 3:43 p.m. after falling as much as 0.3 percent and gaining as much as 0.6 percent, Bloomberg has reported. In London, spot silver shed 0.02 percent to $23.70.  Howeverm, palladium suffered a hit, losing 1.90 percent to $685.00...while platinum was basically flat on the day at $1,484.50/oz.