Gold holds near 2-year
highs on easing dollar, weaker equities
Gold
prices held steady early on Tuesday on an easing dollar and weaker Asian
stocks, after the metal surged to near two-year highs the session before.
FUNDAMENTALS
* Spot gold was up 0.1
percent at USD 1,351.49 an ounce by 0052 GMT. The precious metal touched a peak
of USD 1,357.60 an ounce Monday, less than USD 1 below last month's high.
* US gold was up over 1
percent at USD 1,354.30.
* Silver rose as much as 7
percent and breaking above USD 21 an ounce for the first time in two years on
Monday. The white metal was up 0.4 at USD 20.40.
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