Gold bounces in thin trade, dollar weighs

On Thursday, Gold regained strength after falling the previous day as investors sold bullion to cover losses in equities, but a firmer dollar was likely to cap gains.

The press release is quoted as saying:

Spot gold XAU= added $2.20 to $1,199.20 an ounce by 0046 GMT, still hovering below the closely-watched 50-day moving average.

Click here to access the entire press release