23
December
Gold inches up, dealers expect buying on EU debt fears
23 December 2010 Reuters
Gold held steady above $1,380 an ounce in Europe on Thursday as trade thinned ahead of the Christmas holidays, but was set for its first weekly gain in three as worries over euro zone sovereign debt lent support.
Spot gold was bid at $1,383.65 an ounce at 1033 GMT (5:33 a.m. ET), against $1,384.55 late in New York on Wednesday. U.S. gold futures for February delivery fell $3.10 to $1,384.30.
