Sunday, April 23, 2017

PRECIOUS-Gold falls as stocks gain after French election result

April 24 (Reuters) - Gold fell nearly 1 percent on Monday to

its weakest in two weeks after centrist Macron led the first

round of voting in the French presidential election, boosting

stocks and triggering a sell-off of safe-haven bullion.



FUNDAMENTALS

* Spot gold was down 0.9 percent to $1,273.15 per

ounce by 0057 GMT. Bullion prices touched a low of $1,265.90

earlier in the session, the lowest since April 11.

* U.S. gold futures were down 1.1 percent at

$1,2

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