Gold eases

Published April 23, 2014

LONDON: Gold extended losses for a fourth straight day on Tuesday as outflows from physical gold funds pointed to weak investment appetite, though a retreat in the dollar took some pressure off prices.

Spot gold was down 0.1 percent at $1,287.50 an ounce at 1400 GMT, while U.S. gold futures for June delivery were down 60 cents an ounce at $1,287.90. Silver was up 0.1 percent at $19.41 an ounce. Spot platinum was up 0.4 percent at $1,398.25 an ounce, while spot palladium was up 0.8 percent at $782.55 an ounce.

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