Spot gold prices jumped 1.41% to $1,427 an ounce.SPDR Gold Shares ( GLD ) popped 1.78% to 137.88. Some market watchers attribute the sell-off the prior two weeks, in which gold lost 15%, to fears the Federal Reserve will end quantitative easing earlier than expected. The U.S. is struggling to stoke inflation and will have to maintain its easy monetary policy through the end of 2014 at least, Dan Denbow, assistant vice president of equity portfolios at USAA Investments, told clients Monday in a note.