RTRS: PRECIOUS-Gold holds near $1,035/oz as dollar steadies
By Jan Harvey
LONDON, Oct 28 (Reuters) - Gold prices held near $1,035 an ounce in Europe on Wednesday, little changed from the previous session, as the dollar steadied against the euro after hitting a two-week high earlier this week.
Further gains in the precious metal are being tempered by weakness in physical demand, with the world's largest gold-backed exchange-traded fund reporting a second daily outflow on Tuesday, dealers said.
Spot gold was bid at $1,035.30 an ounce at 1029 GMT, against $1,038.80 late in New York on Tuesday. U.S. gold futures for December delivery GCZ9 on the COMEX division of the New York Mercantile Exchange inched up 60 cents to $1,036.00 an ounce.
