Gold rallied back up to a near three-week high level as investors consider the implications the Non-Farm Payrolls which indicated that employers added fewer jobs to the U.S. economy in September than expected.

The precious metal, however, is till set to record its first annual drop since 2000, as earlier this year investors turned away from this economic safe-haven on the expectation of the American economy would improve and the Fed would begin to cut its $85 billion monthly bond purchases.

Economists now expect that policy makers will delay cutting bond purchasing until March 2014. The Fed’s next two policy meetings are scheduled for 29-30 October and 17-18 Dec.