Gold prices steady amid Fed uncertainty, Europe recession fears.
Gold prices moved little on Wednesday, retaining most recent gains as fears of a recession in the euro zone, following a string of weak economic readings, kept safe haven demand supported.
Any major gains in gold were largely stymied by persistent fears of higher U.S. interest rates, especially as data released on Tuesday showed that local business activity improved in October. The dollar firmed in overnight trade, while Treasury yields steadied from recent losses.
