Gold Prices Slip As Investors Eye Riskier Assets

Gold prices dipped slightly on Tuesday, hovering not far off a 2018 low struck in the previous session as a firm dollar near five-month highs and optimism in global markets curbed appetite for the precious metal.

Spot gold was down 0.2 percent at $1,290 per ounce, as of 0614 GMT. In the previous session, it slid to $1,281.76, its lowest since Dec. 27.

U.S. gold futures for June delivery slipped 0.1 percent to $1289.8 per ounce.

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