Gold steady as U.S. data, equities eyed

31 August 2010  Reuters

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Gold was steady on Tuesday as investors eyed U.S. economic data due this week for clues to the strength of the world's largest economy while looking at equities to gauge investor risk appetite.

Gold has benefited from worries about the U.S. economy and weakness in other markets that highlight bullion's appeal as a safe haven or alternative investment.

http://www.reuters.com/article/idUSTRE67F05920100831