Gold holds steady as dollar eases as Sandy dissipates

MTECHTIPS

Gold holds steady as dollar eases as Sandy dissipates

Gold prices traded steady to higher on Wednesday after the yellow metal's traditional hedge, the dollar, weakened as investors emerged from the safety of the greenback in wake of massive storm Sandy.
U.S. markets were closed on Tuesday after Sandy, a post-tropical storm, lashed the U.S. northeast with heavy winds, driving rains and deadly storm surge, which sent investors seeking safe-harbor in the liquid greenback prior.

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