ECM: Gold flat as steadier dollar offsets lower European shares
LONDON: Gold was little changed on Thursday as the impact of a steadier dollar was counteracted by lower European equities alongside fading optimism over a potential deal between Greece and its creditors.
Spot gold was flat on the day at $1,187.46 an ounce by 1140 GMT, within reach of a two-week low of $1,183.76 hit in the previous session. US gold futures for June delivery rose $1.30 to $1,186.80 an ounce.