Gold edged lower as strong equities provided a risk-conducive backdrop for investors, countering support from Washington's move to end waivers on Iranian oil sanctions.
Strong equities have dented gold's appeal, with the metal now more than 5 percent below its 2019 peak touched in February.
Better-than-expected economic readings from both the United States and China have also assuaged investor concerns of a sharp global economic slowdown.
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