Gold eases on Tuesday as the euro slid sharply against the dollar, and as stock markets rallied on hopes that Greece would reach a deal with its creditors to stave off default.
Spot gold was down 0.6 per cent at $1,178.10 an ounce by 1405 GMT, while U.S. gold futures for August delivery were down $6.30 at $1,177.80.
The metal posted its biggest one-day loss in nearly a month on Monday as a rally in stock markets driven by expectations of a Greek deal sent last week’s rise in ..