Gold ticks up in Asia

Gold snapped a two-day losing streak on Tuesday as geopolitical tensions and fund inflows boosted the safe-haven metal, but gains were kept in check by strength in equities and the dollar. Spot gold rose 0.2 percent to $1,299.22 an ounce by 0632 GMT, after dropping 0.6 percent in the previous session. US gold gained about $1 to $1,300.50. "Investors appear to believe that a number of tail risks are becoming increasingly less remote and are seeking hedges," Danny Laidler, head of Australia & New Zealand operations at ETF Securities said in an email.