RTTN:Gold Steady Near One-month High In Asian Trading
(RTTNews) - The price of gold was steady near its one-month in Asian trading Wednesday even as the U.S dollar was firm versus a basket of currencies.
Gold for February delivery, the most actively traded contract, gained $10.80 to $1,642.30 an ounce. Yesterday, gold futures rebounded from a two session decline to close at a four-week high supported by a weaker dollar and as well by gains made by the equity markets and other commodities.