Gold prices were lower in European trading on Tuesday, edging down for the second straight session as investor sentiment remained skewed toward riskier assets in the wake of the French election results on Sunday.
Comex gold futures shed $4.10, or around 0.3%, to $1,273.40 a troy ounce by 2:45AM ET (06:45GMT). Meanwhile, spot gold was at $1,272.30, down 0.2%.
The yellow metal lost $11.60 on Monday after hitting its lowest since April 11 at $1,266.00, as investors dumped safe-haven assets after French election results eased fears over the future of the euro zone.
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