Gold prices rose after nearly 3 percent decline in the previous two sessions, but growth may be unstable due to expectations the Fed reduce the incentives and outflows from exchange-traded funds .

Gold cheaper for the year for the first time in 13 years as investors , inspired by the growth of the world economy, prefer riskier assets .

U.S. retail sales in November rose more than expected , which increases the possibility of folding ongoing Fed bond buying program in the near future . Some analysts believe that the central bank will announce the reduction of incentives at a meeting next week.

Experts note that the growth of the labor market and changes in monetary policy will push down the gold market .

Reduced prices on Thursday brought new buyers to the Asian markets , and the >