21
January
Gold steady a day after slump, China data eyed
21 January 2010 MSN

Gold steadied above $1,100 per ounce on Thursday after falling more than 2 percent the previous day, when investors became risk averse as the dollar rose and China's tightening bank lending capped economic optimism.
Market participants were eagerly awaiting a set of Chinese economic indicators on Thursday, including CPI and gross domestic product data.