Gold fell for a second day as the precious metal suffered amid increased risk appetite among investors as equities rose.
Still, gold continues to find favor with ETF investors, with holdings of funds backed by the metal ticking up to the highest since the end of March. Gold prices remain vulnerable to profit-taking after last week's surge, according to Commerzbank.
In other precious metals, palladium rose for a fourth day, while platinum edged lower and silver traded little changed.
Spot gold -0.4% at $1,322.70/oz after -1% on Monday. Spot silver little changed after sinking 2.1% on Monday.
Source : Bloomberg