SINGAPORE: Gold inched up on Wednesday after dropping for four straight sessions, as outflows from exchange-traded funds halted, but firm equities could lure away investors seeking better returns and keep a lid on bullion's gains.
While gold has recovered around 8 percent from a two-year trough hit in April, its safe-haven appeal has been battered by record high US equities, signs of an improving US economy and fears of a slowdown in demand from top consumer India.
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