Gold edged lower on Tuesday as strong equities provided a risk-conducive backdrop for investors, countering support from Washington's move to end waivers on Iranian oil sanctions.
Spot gold fell 0.2 percent to $1,272.66 per ounce as of 0557 GMT. U.S. gold futures also shed 0.2 percent to $1,274.60 an ounce.
Elsewhere, silver fell 0.2 percent to $14.95 per ounce. Platinum gained 0.2 percent to $897.37 per ounce having hit a two-week high of $911.75 in the previous session. Palladium was 0.1 percent higher at $1,386.72 per ounce, having shed as much as 3.5 percent to $1,373 in the previous session.
Source : Reuters