(RTTNews) - The price of gold was leveling off from recent highs Friday morning amid a steady U.S. dollar.
Gold for December delivery, the most actively traded contract, eased $9.50 to $1,738.20 an ounce.
Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, edged down to 1,243.55 tons from 1,244.16 tons.
Meanwhile, the U.S. dollar was paring recent losses versus the euro, while ticking lower against sterling. The buck was extending losses versus the yen, while leveling off from its 6-week low against the Swiss franc.
Elsewhere, the prices of silver and platinum were moving higher in morning deals.
From the U.S., the U.S. Commerce Department is set to release its personal income & outlays report for September at 8:30 a.m. ET. Economists expect the report to show personal income as well as personal spending rose 0.3 percent each from the previous month.
Later during the session, the Reuters/University of Michigan's final report on the consumer sentiment index for October will be out. The consumer sentiment index is expected to be upwardly revised to 58 from the mid-month reading of 57.5.
