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Gold holds steady at near three-week high as dollar firms


(Reuters) - Gold held steady early on Thursday after marking a near three-week high in the previous session as the dollar firmed, while palladium remained close to an over 16-year peak touched on Wednesday.FUNDAMENTALS * Spot gold was nearly unchanged at $1,280.81 per ounce at 0101 GMT. On Wednesday, it rose 0.4 percent and touched its highest since Oct. 20 at $1,287.13 an ounce.* U.S. gold futures for December delivery dipped 0.2 percent to $1,281.40. * Palladium gained 0.1 percent to $1,014.25 an ounce. It touched its highest since 2001 at $1,019 on Wednesday.* The dollar index ...

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First Published: Thu, November 09 2017. 07:00 IST