Gold, currently trading at USD1163.00 an ounce further steadied after Friday's biggest gains in more than a four months period after its 40% loss from the all-time high reached September 2011. Gold price is still under selling pressure as the FED is expected to raise interest rates but found support in a weakening U.S. dollar as investors were taking profits in selling the greenback making the precious metal cheaper for investors using other currencies.

GOLD currently trading at USD1163.00