By Brijesh Patel
(Reuters) - Gold steadied near a one-week high on Thursday as the dollar weakened, but the yellow metal traded in a narrow $8 range as investors held back from making large bets ahead of the European Central Bank's monetary policy decision due later in the day.
Spot gold was flat at $1,945.87 per ounce by 0307 GMT, after hitting its highest since Sept. 3 at $1,950.51 on Wednesday.
S. gold futures were steady at $1,955.50.
"The U.S. dollar is a bit lower, stocks bounced a bit and that essentially.