(RTTNews) - The price of gold was little changed Monday morning amid recovering euro and global equities.
Gold for August delivery, the most actively traded contract, edged down $2.3 to $1,227.90 an ounce.
Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, were unchanged at a fresh all-time high of 1,306.14 tons.
Meanwhile, the U.S. dollar continued to retreat from its 4-year high versus the euro and was trading weak against the British pound.
The euro zone industrial production grew by 0.8% month-on-month in April from a 1.3% growth over previous month and beat consensus expectations for a 0.5% growth.
The greenback was almost flat versus the yen.
Elsewhere, the prices of silver and platinum edged up in morning deals.
Today traders will look to the movements in the equity and currency markets to get further clues, amid a light economic calendar.
