LONDON (Reuters) - Gold fell nearly 4 percent after the opening of the U.S. market as a stronger dollar curbed interest in the precious metal as an alternative investment, and as oil prices fell more than $2 a barrel.
Spot gold touched a session low of $764.20 an ounce, before recovering slightly to $767.90/769.90 an ounce by 1249 GMT (8:49 a.m. EDT), down from $795.00 late in New York on Monday.
(Reporting by Jan Harvey; editing by Peter Blackburn)