Gold holds steady in face of robust dollar due to Italy crisis

By Zandi ShabalalaLONDON (Reuters) - Gold prices were steady on Wednesday as concerns about political turmoil in Italy and over a trade conflict between China and the United States outweighed strength in the dollar.Italy kept the dollar at 10-month highs versus the euro amid concerns that repeat elections may become a de-facto referendum on Italian membership of the currency bloc.

The turbulence underpinned gold due to its appeal as a store of value during political and financial uncertainty.The dollar index, which measures the greenback against.

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