RTRS: PRECIOUS-Gold slips as dollar strengthens; data eyed
Gold slipped 1.7 percent in Europe on Tuesday as the dollar bounced back against the euro after last week's losses, curbing interest in the metal as an alternative asset.
Spot gold was bid at $942.20 an ounce at 0942 GMT, against $957.80 an ounce late on Monday.
Afshin Nabavi, head of trading at MKS Finance in Geneva, said the dollar's recovery was pressuring gold. "Also, the market is shrugging off North Korean testing of short range missiles," he added.
The dollar rose on Tuesday from the five-month lows it hit late last week as investors booking profits on higher-yielding currencies such as the euro.
