Gold Steady Near 1-Month Top on Economic Concerns

Reuters reported that gold prices stayed steady near their one-month peak today.

The market news is quoted as saying:

Gold is still well below a lifetime high around $1,575 touched in early May, but with the U.S. dollar under pressure, equities markets falling and the debt crisis in Europe far from over, bullion — with its safe-haven status — continues to be one of the chief beneficiaries.

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