SINGAPORE, Dec 20 (Reuters) - Gold languished at a six-month
low on Friday and was on the edge of tipping over to a 3-1/2
bond-buying stimulus prompted a huge sell-off.
The metal is heading for its worst weekly performance in
three months and its biggest annual loss in 32 years.
* Spot gold had gained 0.2 percent to $1,191.91 an
ounce by 0016 GMT, after earlier hitting its lowest since June
at $1,185.10. Gold touched $1,180.71 in late June - its weakest
* On Wednesday, the day of the Fed announcement of a $10
billion cut in its monthly bond purchases, gold fell 1 percent.
But the selling picked up on Thursday, with the metal losing 2
* It has lost nearly 4 percent for the week, and 29 percent
for the year.
* The Fed's $85 billion in monthly bond purchases, along
with other monetary stimulus measures, had fuelled a big run-up