Gold struggled to recover from overnight losses on Thursday as the Federal Reserve's optimism over the US economy boosted the dollar, and a poll showed softer support for a Swiss referendum that would have forced the central bank to boost its gold reserves. An opinion poll showed on Wednesday that support among Swiss voters for the "Save our Swiss gold" proposal had slipped to 38 percent, down from 44 percent in a survey conducted last month.
"The Swiss vote was the only bright spot for gold in recent weeks and expectations had been building up," said a precious metals trader. "This new poll shows that the possibility of this proposal passing is getting slimmer." Spot gold was little changed at $1,183.80 an ounce by 0731 GMT, after dropping 1.2 percent in the previous session. US gold futures fell as much as 1.5 percent to $1,176.20 before recovering slightly.
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