Gold prices were flat Tuesday as inflation expectations remained diminished and the dollar held its ground against most major rivals.
Although gold has found some buyers thanks to its safe haven appeal, the trend still points to losses for the precious metal, which has already dropped to 6-year lows.
February gold fell $2.30, or 0.2%, to $1,072.90 an ounce.
There was no major economic data to push prices either way, but crude oil at 7-year lows weighed on gold.
March copper rebounded on hopes for renewed demand from China and Europe.
Copper added 1.4 cents, or 0.7%, to $2.065 a pound
The material has been provided by InstaForex Company – www.instaforex.com