LATEST NEWS: Gold Trades Little Changed as Dollar Falls From Five-Year High

Gold traded steady as the dollar fell from a five-year high, boosting demand for the metal as an alternative investment.

The dollar lost as much as 0.2 against a basket of 10 currencies after touching the highest since March 2009. Bullion slid earlier after a government report showed the U.S. economy expanded more than expected, damping demand for the metal as a store of value.

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