Gold steadies as mixed U.S. data looms

30 August 2010  Reuters

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Gold steadied on Monday after starting its fifth straight week in positive territory ahead of fresh U.S. economic data that could signal a mixed outlook.

Bullion dealers said the extent of the U.S. economy's ability to generate jobs would be the highlight of the data, culminating in Friday's employment figures, and provide direction for gold.

http://www.reuters.com/article/idUSTRE67F05920100830