Tue, 08 May 2012 08:32:04 GMT
Gold edged down amid stronger US Dollar
Gold slid at Asian trade on Tuesday as traders turned to the traditional Euro Zone's uncertainty hedge, the US Dollar, after results of the weekend's elections raised risk of the region falling back into recession. COMEX gold June contract traded at 1,637.85 US Dollars per troy ounce on the New York Mercantile Exchange, declining by 0.08%.