" The evidence accumulated over the intermeeting period confirms that spending is firming , although the labor market has been weakening .
In addition , the committee noted , " while spending is firming , the labour market has been weakening " .
Spot gold was quoted at $ 367.90 / 368.60 an ounce at 1000 GMT , having marched up to $ 369.50 -- a level not seen since February 10 .