Gold struggles as stronger dollar offsets Greece concerns
CNBC - Feb 10, 2015
Gold struggled to recover from overnight losses on Wednesday as a stronger dollar offset safe-haven bids over uncertainties about Greece's future in the euro zone.
Spot gold was flat at $1,234.46 an ounce by 0034 GMT, following a 0.4 percent drop on Tuesday that sent it closer to a three-week low of $1,228.25 reached last week.
The dollar hovered at one-month highs versus the yen early on Wednesday, bolstered by gains in Treasury yields, while uncertainty over a new debt deal for Greece kept a cloud over the euro.
The dollar was trading just below a 11-year peak against a basket of major currencies.
