RTRS: PRECIOUS-Gold holds below $950/oz as dollar weighs
Gold held below $950 an ounce in Europe on Wednesday, under pressure from a slight uptick in the dollar and a recovery in stock markets that diverted some investment from bullion.
Spot gold was bid at $949.05 an ounce at 0902 GMT, against $951.25 an ounce late in New York on Tuesday.
"In Asian trading, the dollar index recovered slightly, which led to profit taking in gold," said Peter Fertig, a consultant at Quantitative Commodity Research.
