LONDON (Reuters) - Gold fell in Europe on Monday, extending a slide begun in the previous session after U.S. regulators charged Goldman Sachs with fraud, as a retreat in risk appetite lifted the dollar and pressured assets seen as higher risk. Other commodities also posted heavy losses on Monday, with oil sliding nearly 2 percent to below $82 a barrel and copper hitting a three-week low. Gold hit a near two-week low of $1,129.65 an ounce on Friday. Commodity prices and stock markets slipped sharply after Goldman Sachs was charged with fraud by the U.S. Securities and Exchange Commission over its marketing of a subprime mortgage product. "As risk sentiment plunged, investors shifted from equities and commodities and into U.S. Treasuries," said HSBC in a note. "Along with equities and other commodities, gold and other precious metals prices fell sharply." "Gold is clearly sensitive to changes in investor risk sentiment, and the implications for gold of a further decline in risk sentiment are negative," it added. In addition, strength in the dollar curbs gold's appeal as an alternative asset and makes dollar-priced commodities more expensive for holders of other currencies. PRICES * Spot gold was at $1,133.85 an ounce at 0638 GMT compared with $1,136.45 late in New York on Friday. * Silver was at $17.57 from $17.67. * Platinum at $1,673 from $1,690. * Palladium at $518 from $528.50.

Source