Gold slipped to an over one-week low on Tuesday as strength in equities markets and hopes for a smooth signing of the U.S.-China Phase 1 trade deal tarnished bullion’s safe-haven appeal, while palladium rose to a record high.
Spot gold dipped 0.38% to $1,542.23 per ounce. Earlier, prices fell to their lowest since Jan. 3 at $1,535.63. U.S. gold futures dropped 0.5% to $1,542.9.
Source : Reuters