(RTTNews) - The price of gold was steady near its record high Thursday morning amid safe haven buying.
Gold for December delivery, the most actively traded contract, was up $1.20 to $1,293.30 an ounce. Yesterday, gold advanced to a fresh record intraday high of $1,298 before settling at 1,292.10 an ounce.
Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, were unchanged at 1,304.17 tons.
Meanwhile, the U.S. dollar was leveling off from its 4-month low versus the euro, while trading weak against sterling. The buck continued to surrender some of its recent gains versus the yen.
Elsewhere, the prices of silver and platinum were firm in morning deals.
Today, traders will to weekly jobless claims numbers from the U.S. Labor Department and data on existing home sales from the National Association of Realtors, to get clues on the movements in the U.S. dollar.
