By Chris Oliver
HONG KONG (MarketWatch) -- Gold futures moved moderately higher in Thursday afternoon trade in East Asia, rebounding from a steep decline in the regular U.S. session, as investors eyed Europe for signs of a resolution on Greek sovereign-debt issues. Comex gold for April delivery GC2J +0.42% was up 0.6% to $1,741.10 per ounce, retracing part of the $17.10 drop in New York floor trading. Thursday's gold action came as data showed China's consumer prices jumped a higher-than-expected 4.5% in January, though many analysts viewed the uptick as a temporary problem related to surging food prices ahead of a holiday in January.
