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Gold steadied as investors sought the perceived safety of the yellow metal

Gold steadied as investors sought the perceived safety of the yellow metal

Gold trading range for the day is 29119-29455. Gold steadied as investors sought the perceived safety of the yellow metal amid growing concerns over political risks in Europe and around the globe. The U.S. trade deficit fell in December as exports hit their highest level in more than 1-12 years amid record shipments of technology products. Holdings of SPDR Gold Trust rose 1.01 percent to 826.95 tonnes on Tuesday from on Monday, holdings rose for a fifth straight session.

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