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Gold prices ease as investors look to riskier assets

Reuters 

By Apeksha Nair(Reuters) - Gold prices hit their lowest in over a week on Tuesday, as a lull in geopolitical tensions spurred a pick-up in investor appetite for riskier assets such as equities.Asian shares marked a 10-year peak early in the day and the dollar held gains, with investors breathing a sigh of relief as fears over North Korea eased slightly and the worst-case scenario from Hurricane Irma looked to have been avoided. Spot gold dipped 0.1 percent to $1,325.11 an ounce by 0615 GMT, after earlier touching its lowest since Sept. 1 at $1,322.85.The metal fell 1.4 percent in the previous ...

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First Published: Tue, September 12 2017. 12:19 IST
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