Gold hits three-week low

Gold prices slipped on Tuesday to their lowest in more than three weeks as waning concerns about a global economic slowdown lifted equities to multi-month highs, denting the precious metal's safe-haven appeal.

Spot gold was down 0.1 percent at $1,286.41 per ounce by 0732 GMT, after touching its lowest since March 7 at $1,284.76 earlier in the session.