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Arundhati Sarkar 3 minute read Gold bars are displayed at a gold jewelry shop in the northern Indian city of Chandigarh November 4, 2009. REUTERS/Ajay Verma/File Photo Summary Chinese gold demand picked up in H1 - China Gold Association Aug 3 (Reuters) - Gold prices eased in a tight range on Tuesday as investors squared positions before U.S. jobs data later this week that could shed more light on labour market health and potentially influence the Federal Reserve s tapering timeline. Spot gold was down 0.2% to $1,810.46 per ounce by 1131 GMT, while U.S. gold futures fell 0.5% to $1,812.70. Gold has lost its momentum and is really struggling to find direction out of different developments, said Saxo Bank analyst Ole Hansen.

South koreaBrijesh patelEmelia sithole matariseJerome powellOle hansenJane merrimanArundhati sarkarChristopher wallerThomson reuters trust principlesSaxo bankChina gold associationFederal reserveFed chief jerome powellGovernor christopher wallerHan tanThomson reuters trust