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SMH:Gold steadies on euro zone hopes
 
Spot gold held steady above $USUS1700 per ounce, supported by hopes that European policymakers will take decisive moves to tackle the euro zone debt crisis ahead of a finance ministers' meeting later in the day.
Spot gold edged down 0.1 per cent to $US1708.29 an ounce, after staging its biggest one-day rally in three weeks on Monday with a nearly 2 per cent climb.
US gold was little changed at $US1709.30.


Read more: http://www.smh.com.au/business/markets/gold-steadies-on-euro-zone-hopes-20111129-1o3t5.html#ixzz1f4GoLoVa
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