Gold steady above $1,360; dollar strength weighs

18 January 2011  Reuters

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Gold edged higher on Tuesday, extending gains in the previous session, with healthy physical demand out of Asia and a lower dollar lending support, though an improved global economic outlook has dampened the price outlook.

Euro zone finance ministers discussed on Monday having more money in their rescue fund and cheaper emergency loans as part of a package of measures to end the sovereign debt crisis, but they made no firm decisions.

http://www.reuters.com/article/idUSTRE6BF5L920110118