Gold held steady on Thursday after a sharp drop in prices in the previous session as investors ditched safe-haven assets, while a margin hike in COMEX gold may further weigh on sentiment.*
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The U.S. dollar slipped in early Asia-Pacific trade on Monday as investors looked for signs of progress to break the deadlock that will avert a United States debt default.
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Spot gold was flat on Friday after Greece approved austerity measures to secure emergency funding, seen to diminish safe-haven demand for bullion.
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Gold prices held steady on Monday, aided by active buying on the physical market in Asia, while a stronger dollar weighed along with caution as investors awaited a Greek parliament vote this week that is crucial to securing a sovereign debt bailout.*
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Gold and silver edged lower on Monday, as the dollar firmed on euro zone debt worries before the bloc's finance ministers meet to discuss a bailout plan for Portugal later in the day.
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