Gold below 3 week peak; dollar back on track

In Thursday’s trading session, gold stabilised below the 3 week peak, attained in the previous session, as the dollar recovered from its 7 week low, while traders and investors are eyeing the Healthcare Bill.By 0048 GMT, spot gold slid by 0.2% at $1245.80 per ounce.U.S. gold futures was down by 0.3% at $1246.The dollar index which measures the greenback against various currencies was up by 0.1% at 99.742.In the previous session dollar had tumbled close to 7 week low of 99.742.

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