Gold steadied on Monday after falling 3 percent last week, supported by scepticism about an economic recovery, but the dollar remained a downside risk.
Q4 GDP data shows U.S. economy shrank less than expected… Indian gold, euro-priced gold hit records… Silver hits highest level since Oct 1…
Dollar tanks as Fed cuts interest rates to 0-0.25 pct… Oil traders eye OPEC production decision * SPDR Gold Trust bullion holdings rise again…
Gold pushed higher in Hong Kong, peaking at $755, then declined slowly until the late morning in New York, bottoming at $728, and finally rose again slowly through the Globex to finish at $743.80, up $15.20. Overnight, gold has edged higher.
