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Gold steady as softer dollar supports ahead of French vote

Reuters  |  LONDON 

By Jan HarveyLONDON (Reuters) - Gold steadied on Thursday after its biggest one-day drop in more than six weeks, with a retreat in the dollar arresting the slide, though moves were muted as markets await the outcome of the looming French presidential election. Polls ahead of the French vote, which begins this weekend, give both far-right and far-left candidates a chance of making it into next month's run-off, though centrist candidate Emmanuel Macron is shown in the lead.Spot gold was at $1,279.56 an ounce by 1330 GMT, little changed from $1,278.91 late on Wednesday. The metal hit a ...

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First Published: Thu, April 20 2017. 19:43 IST