GOLD AND SILVER DAILY REVIEW

MARKET ROUNDUP

Gold slid more than 2 percent on Wednesday, the biggest one-day fall since February, with traders cashing in profits from last week's record high as equity & commodity markets fell on deepening euro zone worries.

IN FOCUS

- The world's largest gold-backed exchange-traded fund, SPDR Gold Trust said its holdings rose to another record high at 1,220.152 tonnes.

- The world's largest silver-backed exchange- traded fund, the iShares Silver Trust, said its holdings stood at 9,197.37 tonnes.

- The euro struggled to retain gains on Thursday after a fragile rebound from the previous day's four-year lows as political divisions in Europe.

- The European debt crisis poses a big test for the euro currency and the economies hit by the problems face a long, difficult road to recovery, former U.S. Federal Reserve Chairman Paul Volcker said on Tuesday.