Gold steady near all-time high on econ worries

18 June 2010  Ninemsn

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Gold held steady on safe-haven buying on Friday and was seen challenging its all-time high on a rise in physical bullion holdings, a weaker dollar and persistent worries about Europe's fiscal outlook.

Holdings in the world's largest bullion-backed Exchange Traded Fund rose for the first time in a week to a record, as investors built up positions due to uncertainty in the global economy.

http://money.ninemsn.com.au/article.aspx?id=1072554