Let it roll, but not too far: bullion posts moderate loss as greed meets caution on paper markets


Gold slipped 1% on Thursday, pulling away from this week's 7-1/2 year peak as the U.S. dollar strengthened and hopes for a quick economic recovery dented bullion's safe-haven appeal.

Spot gold was down 0.7% at $1,736.64 per ounce at 1203 GMT. U.S. gold futures fell 0.8% to $1,738.30 per ounce.

The dollar...