Gold steadies ahead of U.S. data

- March 12th, 2010

On Friday, Gold steadied as the dollar slipped against the euro on worries the U.S. retail sales for February.

On Friday, Gold steadied as the dollar slipped against the euro on worries the U.S. retail sales for February.

The press release is quoted as saying:

Bullion price has lost more than 7 percent since powering to a lifetime high above 1,200 an ounce in December last year and is heading for a weekly decline of more than 2 percent — its biggest weekly drop since mid-January.

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