Spot gold eased 0.2% to US$1,235.20 an ounce at 0030 GMT on Monday, slipping for a third session, after gaining nearly 4% in the past two weeks - Reuters Photo.
SINGAPORE: Gold ticked lower on Monday after two straight weekly gains, with strong US economic data allaying fears over a slowdown in the global economy, supporting equities and dimming bullion's safe-haven appeal.
Spot gold had eased 0.2% to US$1,235.20 an ounce by 0030 GMT, slipping for a third session. The metal has gained nearly 4% in the past two weeks and hit a one-month high of US$1,249.30 on Wednesday.
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