Gold rose on Tuesday, snapping a four-session losing streak, boosted by a drop in the dollar index and expectations of Asian physical demand following bullion's tumble to a four-year low. The yellow metal was supported as the dollar dropped against the euro on a report citing internal tensions within the European Central Bank over the leadership style of its chief, Mario Draghi, that has the markets expecting limits on future loosening of monetary policy.
Spot gold was up 0.3 percent at $1,167.75 an ounce by 2:09 pm EDT (1809 GMT), while US COMEX gold futures for December delivery settled down $2.10 at $1,167.70. Elsewhere, the top gold exchange-traded fund, SPDR Gold Shares, posted a very small inflow of 0.01 tonnes on Monday, its first uptick since October 16. Holdings are still close to a six-year low of 741 tonnes hit last week. Among other precious metals, silver was down 0.6 percent at $16.01 an ounce. Spot platinum was down 0.9 percent at $1,221.99 an ounce, while spot palladium dropped 1.7 percent to $785.50 an ounce.
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