London: Gold was little changed, holding a gain for December amid light trading. Silver prices also rose. Gold rose 0.1 percent to $1,069.80 an ounce, while silver up 0.4 percent to $13.99 an ounce.
Gold is heading for a third annual decline as expectations for tighter monetary policy in the US curb demand for the metal, which does not pay interest. While the Federal Reserve increased rates this month for the first time in almost a decade as the economy strengthened, Chair Janet Yellen has said the pace of future moves will be gradual.
