Gold steady after carnage, Europe trouble eyed

SINGAPORE (Reuters) - Spot gold wallowed near a 2-1/2-month low on Thursday after dropping 3.5 percent in the previous session, as investors remained nervous about the euro zone debt crisis amid the year-end rush to liquidate positions. Asian shares retreated and the euro and commodities nursed stinging losses on Thursday, as fears grew that the euro zone debt crisis was spinning out of control after Italy's borrowing costs hit a new high in the euro era. ...