Gold steadies in Asia

09 Oct, 2010

Spot gold was steady on Friday, after staging its biggest daily loss in two months in the previous session triggered by a rebound in the dollar, as the market awaits a key US payrolls data for indications on the state of the economy. Spot gold was little changed at $1,333.20 an ounce by 0303 GMT, off the $1,364.6 peak hit on Thursday.
Gold is set for a 1.2 percent rise from a week earlier, the fourth consecutive week of gains.

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