SINGAPORE: Gold eased on Tuesday as Asian shares gained strength but the metal continued to stay above US$1,300 an ounce as escalating tensions over conflicts in Ukraine and the Gaza strip burnished the metal's safe-haven appeal.
Spot gold slipped 0.35% to US$1,307 an ounce by 0554 GMT. It had gained as much as 0.6% in intraday trading on Monday, but failed to hold the gains and closed flat.
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