Gold holds decline after Powell flags pause in Fed easing cycle
Bullion traded near $2,760 an ounce, within about $30 of its all-time high.
The price of gold was steady near $1,600 Thursday morning as traders await cues from the European leaders summit, due later today, on a second round of aid for Greece.
Gold for August delivery, the most actively traded contract, edged up $3.20 to $1,600.10 an ounce.
