Gold fell to a two-week low on Wednesday as investor appetite for riskier assets surged on renewed optimism over the U.S. economy and as political uncertainty in France receded, softening demand for safe-haven assets.
Spot gold was mostly unchanged at $1,263.55 at 0322 GMT. Prices touched a low of 1,260.90 earlier in the session, the lowest since April 11. Bullion fell 0.9 percent on Tuesday, the biggest one-day decline since March 2. U.S. gold futures were down 0.2 percent at $1,265.40 an ounce.
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