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Gold eases as risk appetite grows, equities strengthen

Reuters 

(Reuters) - Gold on Tuesday extended losses from the previous session, with equities strengthening and the dollar holding gains as investor appetite for risk showed signs of picking up. FUNDAMENTALS * Spot gold had edged 0.1 percent lower to $1,325.56 an ounce by 0052 GMT. In the previous session, it lost 1.4 percent in its biggest one-day percentage decline since early July.* U.S. gold futures for December delivery were down 0.4 percent at $1,330.00 an ounce.* Asian shares joined a global equities rally, hitting a 10-year peak on Tuesday with investors breathing a sigh of relief as ...

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First Published: Tue, September 12 2017. 06:57 IST
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