(RTTNews) - The price of gold was moving lower in Asian trading Thursday as the U.S. dollar continued to trade firm versus a basket of currencies.
Gold for April delivery, the most actively traded contract, were down $4.90 to $1,723.20 an ounce. Yesterday, gold snapped its three-session losing streak to end higher as investors sought the precious metal's safe haven appeal with continued uncertainties over Greece's sovereign debt crisis and increasing tensions between Israel and Iran.
Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, were unchanged at 1,278.26 tons.
