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Gold slips as investors pile into equities

Reuters  |  LONDON 

By Jan HarveyLONDON (Reuters) - Gold fell to its lowest in more than a week on Tuesday as easing concerns over North Korea's nuclear ambitions and the impact of Hurricane Irma tempered demand for the metal as a haven from risk while the dollar strengthened.World stocks hit record highs for a second straight day on Tuesday as investors opted for nominally higher risk-assets over havens such as gold, bonds and the Japanese yen.Spot gold hit its lowest since Sept. 1 at $1,322.15 an ounce in early trade and was at $1,324.17 at 1120 GMT, down 0.2 percent. On Monday it slid 1.4 percent in its ...

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First Published: Tue, September 12 2017. 17:12 IST