Gold Steady Around $1160

Gold held above a four-month low early on Friday, spurred by a firmer euro on signs of progress in debt-hit Greece’s efforts to secure fresh funding.

But bullion is still down so far for the week, its third in a row, as the Greek debt saga and China’s equities rout failed to spark safe-haven bids.

Spot gold was up 0.1 percent at $1,160.68 an ounce by 0029 GMT. It had lost 0.6 percent for the week after touching $1,146.75 on Wednesday, its lowest since March 18.

CNBC

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