Bullion has this year been moving in tandem with assets that are perceived to be risky, shedding its status as a safe haven in times of economic instability.
FUNDAMENTALS
* Spot gold added $7.64 an ounce to $1,545.94 an ounce by 0046 GMT after falling as low as $1,527 on Wednesday, its weakest since Dec. 29.
* U.S. gold futures for June delivery rose $9.30 an ounce to $1,545.90.
* The European Central Bank has stopped providing liquidity to some Greek banks as they have not been successfully recapitalised, the ECB said on Wednesday, confirming earlier exclusive reports by Reuters.
* Indian gold futures hit their lowest level in six weeks, extending losses for the third straight session on Wednesday, attracting bargain hunting by physical traders, though the rupee hitting a record low capped the downside.
MARKET NEWS
* Shares steadied in Asia on Thursday, but investors found no reason to bet on risk amid deepening turmoil in Greece and fears of contagion to other stressed euro zone economies. The euro was steady around $1.2730, off a four-month low of $1.26811 reached on Wednesday.
* U.S. crude prices steadied near $92 a barrel on Thursday as concerns over a Greek exit from the euro zone offset support from U.S. government data showing a smaller rise in crude stocks than an industry report earlier this week.
DATA/EVENTS (GMT)
0430 Japan Industrial output rev Mar
0700 Spain Q1 GDP
1230 U.S. Jobless claims Weekly
1230 U.S. Treasury Secretary Geithner speaks
1400 U.S. Leading indicators April
1400 U.S. Philadelphia Fed business activity index for
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