(RTTNews) - The price of gold was holding onto its gains Wednesday morning amid a mixed dollar.
Gold for December delivery, the most actively traded contract, added $2.10 to $1,261.40 an ounce. Yesterday, gold settled at a new high of $1,259.30 amid concerns over the additional capital requirements of some European banks. On an intraday basis, gold advanced to an all-time high of $1,265 during June.
Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, were unchanged at 1,294.44 tons.
Meanwhile, the U.S. dollar was surrendering some of its recent gains versus the euro and sterling, while lingering around its lowest level since 1995 versus the yen.
Elsewhere, the prices of silver and platinum ticked higher in morning deals.
Today traders will look to the consumer credit report for July from the U.S. to get further clues on the economy.
