Gold trading range for the day is 27353-28509.
Gold slid as fading fears over Portugal's banking sector and a gain in U.S. equities prompted investors to take profits.
European Central Bank President Mario Draghi reiterated at a quarterly policy meeting that the ECB will introduce quantitative easing (QE) if need be.
SPDR gold trust holdings gained by 8.68 tonnes i.e. 1.08% to 808.73 tonnes from 800.05 tonnes.
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