Gold held steady as traders lock in profits

On Monday, prices for gold were steady during European morning trading hours, as traders locked in profits following a Fed rally, when contracts for gold hit a 6-month high. On the NYMEX, October delivery futures for gold were traded at USD1,769.35 per troy once, which was a 0.05% gain for the trading session. Earlier, gold futures hit USD1,768.35 per troy once, a session low.