Gold falls

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Bengaluru

Gold edged lower on Tuesday after equity markets bounced back, hinting that investors were turning to riskier assets in a belief Democrat Hillary Clinton won the first U.S. presidential debate against Republican Donald Trump.

Asian shares recovered from an early bout of nerves while the Mexican peso surged on Tuesday.

Markets have tended to see Clinton as the candidate of the status quo, while few are sure what a Trump presidency might mean for U.S. foreign policy, trade and the domestic economy.  Spot gold was down 0.2 percent at $1,334.41 an ounce by 0554 GMT.

By falling on Tuesday, gold snapped a six-day winning streak.

U.S. gold futures eased 0.5 percent to $1,338.10 an ounce.

"Leading into this event (presidential debate), positioning in the gold market buying wasn´t aggressive in either direction, it was fairly neutral.