Gold tracked equities higher on Monday after falling more than 3 per cent last week, but gains could be limited by a steady US dollar and worries about deflation which could sap investors' interest in the precious metal.
Inflation fears ha
The euro plunged to a 21-month low against the dollar on Wednesday as investors dumped the currency on growing fears of a Greek euro zone exit and widespread doubts about the outcome of an EU summit later in the day.
The euro fell to $1.26
Brent crude was steady above $109 on Thursday, after a sharp fall in the previous session, as the market stayed cautious ahead of a summit to deal with Europe's sovereign debt crisis.
The market is also looki
Greece said it concluded talks with international lenders over a vital aid payment on Monday after Germany and France gave investors hope by promising a plan to recapitalise Europe's banks soon.
Chancellor Angela Merkel and President Nico