GOLD NEWS UPDATED BY ROYAL TRADERS

Live News Update

Gold Near 4-Month Low As Stocks, Dollar Weigh

Gold steadied around a 4-month trough on Wednesday, after falling nearly 1 percent in the previous session due to a surge in global equities, while a stronger dollar piled pressure on the metal.

FUNDAMENTALS

* Spot gold was down 0.1 percent at $1,286.38 per ounce, as of 0104 GMT. In the previous session, the metal sank to $1,272.70, its lowest since Dec. 27.

* U.S. gold futures edged up 0.1 percent to $1,278.10 an ounce.

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