RTRS: PRECIOUS-Gold steadies as dollar pares gains against euro
Dollar pares gains; stock futures point to mixed U.S. open * SPDR gold ETF holdings decline 0.1 percent; Indian demand down * ETF Securities London palladium ETC holdings hit record
Gold prices steadied in Europe on Thursday as the dollar gave up some of its earlier gains against the euro, supporting interest in the precious metal as an alternative to the U.S. currency.
A decline in the equity markets in early trade dented appetite for risk, benefiting the dollar at the expense of higher-yielding currencies. But the single currency has made up lost ground as Wall Street stocks headed for a mixed opening.
