(Reuters) - Gold prices edged up early on Thursday after hitting a near four-month high in the previous session, on a weaker dollar and as a rally in equities ran out of steam.
* Spot gold
* U.S. gold futures
* Gold prices on Wednesday reversed their losses and rose over 1 percent as the dollar swooned after a report that Chinese officials had recommended slowing or halting purchases of U.S. Treasury securities.
* The U.S. dollar fell to a more than six-week low against the Japanese yen and weakened against a basket of major currencies <.DXY> on Wednesday after the report. It was mostly unchanged at 92.320 on Thursday.
* The yen has been buoyed this week after a cut in the Bank of Japan's bond buying on Tuesday fuelled speculation that the central bank could eventually seek to exit from its stimulus later this year, following the footsteps of other major central banks.
* The New Year rally in Asian shares paused on Thursday as concerns about the U.S. administration's protectionist stance hit Wall Street while U.S. bonds were dented by speculation China may curtail buying.
* Holdings of SPDR Gold Trust
* The class action brought by thousands of mineworkers who contracted lung diseases while working for South African gold miners has been postponed because the parties are close to a settlement, lawyers for the companies said on Wednesday.
(Reporting by Nallur Sethuraman in Bengaluru; Editing by Biju Dwarakanath)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)