SINGAPORE, Nov 13 Gold was trading near a
four-week trough on Wednesday and looked likely to test further
lows as mixed signals from Federal Reserve officials added to
uncertainty over the fate of the U.S. central bank's stimulus
* Spot gold had eased 0.1 percent to $1,266.26 an
ounce by 0016 GMT, after falling about 1 percent in the previous
session to $1,260.89 - its lowest since Oct. 15.
* Silver declined 0.2 percent after dropping 3
percent the session before to a four-week low.
* The Fed should keep monetary policy ultra-easy given the
economy's tepid growth and an uncertain outlook for jobs growth,
two senior officials said on Tuesday. However, one of them said
he would not rule out tapering in December.
* The Fed's $85-billion in monthly bond purchases has in
recent years been a key driver for gold - seen as an
inflation-hedge. With improving economic data, the Fed has said
it would begin tapering the purchases but the exact timing is
yet to be determined.
* The platinum market in 2013 is set for its biggest deficit
in 14 years and continuing strong industrial and jewellery
demand may widen the gap next year, although higher supply,
stock overhangs and slow autocatalyst demand could limit price
gains, according to refiner Johnson Matthey.
* The U.S. Mint's American Eagle silver coin sales rose on
Tuesday, bringing this year's total to the programme's record
high, highlighting retail investors' strong appetite for silver
* For the top stories on metals and other news, click
* Asian shares sagged and the dollar stuck close to a
two-month high against the yen in early trade on Wednesday.
1000 Euro zone industrial production
1130 India M3 money supply
1200 U.S. weekly mortgage market index
1900 U.S. Federal budget
PRICES AT 0016 GMT
Metal Last Change Pct chg YTD pct chg
Spot gold 1266.26 -1.35 -0.11 -24.38
Spot silver 20.65 -0.03 -0.15 -31.8
Spot platinum 1424.24 -5.51 -0.39 -7.22
Spot palladium 735.97 -1.5 -0.2 6.35
Comex gold Dec3 1265.6 -5.6 -0.44 -24.48
Comex silver Dec3 20.67 -0.108 -0.52 -31.8
COMEX gold and silver contracts show the most active months
(Reporting by A. Ananthalakshmi; Editing by Joseph Radford)