16
February
PRECIOUS-Gold steadies near $1,100/oz, Greece woes eyed
16 February 2010 Ninemsn
TOKYO, Feb 16 (Reuters) - Gold prices steadied near $1,100 per ounce on Tuesday as bullion benefited from investor risk aversion on worries about Greece's fiscal crisis, but trading was subdued with many Asian players out for the Chinese new year.
FUNDAMENTALS
* Spot gold was little changed at $1,100.50 an ounce as of 0015 GMT.
* U.S. gold futures for April delivery on the COMEX division of the New York Mercantile Exchange were also steady from London trading on Monday at $1,101.30, but were up about 1 percent from New York levels on Friday. U.S. markets were closed on Monday for Presidents Day.
