SINGAPORE (Reuters) - Gold dropped 1 percent to a session low of $1,460.49 an ounce on Tuesday as holdings on SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, plunged to their lowest since 2009.
Daily outflows from exchange-traded funds highlighted investors' lack of confidence in the precious metal after prices sank to around $1,321 on April 16, their lowest in more than two years, in a brutal sell-off that stunned investors.
(Reporting by Lewa Pardomuan; Editing by Himani Sarkar)
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