Gold dips but global growth worries remain


Spot gold slipped 0.4% to US$1,227 an ounce at 0344 GMT on Tuesday Oct 15, 2014.

SINGAPORE: Gold eased for a second session on Wednesday as the dollar and equities edged up after sharp losses, but lingering worries over the global economy could support the safe-haven metal.

Spot gold had slipped 0.4% to US$1,227 an ounce by 0344 GMT. The metal hit a four-week peak of US$1,237.90 on Tuesday, before paring gains to close the day 0.4% lower.

   

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