4
February
Gold steadies near $1,110, dollar and data eyed
4 February 2010 MSN
Gold prices steadied around $1,110 on Thursday amid caution ahead of Friday's U.S. jobs data that could further boost the dollar, undermining bullion's appeal as a currency hedge.
The greenback kept its firm tone on Thursday after climbing broadly the day before on improving U.S. jobs and industry data, while fears Portugal and Spain could join Greece as the next euro zone countries to face a debt crisis lifted the dollar against the euro.
