Gold weakens as dollar gains on global uncertainty, U.S. earnings

MTECHTIPS

Gold weakens as dollar gains on global uncertainty, U.S. earnings

Gold prices fell in Asian trading on Monday as investors went long on the metal's traditional hedge, the dollar, over uncertainty as to whether or not Spain will request a bailout.
U.S. earnings season is gearing up, and investors sought safety in the greenback to see how companies performed in the third quarter of this year.

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