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APRIL 23 (Reuters) – Gold prices rose slightly on Tuesday as Washington was trying to stifle Iran's oil revenues, prompting it to buy safe havens, but gains were limited by a strong dollar and Asian equities have almost flattened in nine months.
FUNDAMENTALS
* Spot gold gained 0.1% to $ 1,275.78 per ounce from 11:15 GMT.
* US gold futures remained unchanged at $ 1,277.70 per ounce.
* The dollar index versus a basket of six key rivals was slightly higher, approaching the peak of 979 reached in 2019, early March.
* Asian equities changed little on Tuesday, not far from Thursday's nine-month high, as many markets began trading after a long Easter weekend, fearing that Chinese policy would ease gains.
* Wall Street shares have almost reached breakeven overnight, with the S & P 500 benchmark being around 1% of the record highs of September, the benchmark for the S & P 500 benchmark. S & P energy is ahead of the rise in oil prices.
* The United States demanded Monday that Iranian oil buyers stop their purchases before May 1, under threat of sanctions, which would stifle Tehran's oil revenues, pushing up prices from crude to six months, fearing a tightening of supply.
* Russia increased its gold holdings by 19.4 tons in March, according to International Monetary Fund data released on Monday.
* US home sales fell more than expected in March, as demand was boosted by lower mortgage rates and slowing real estate price inflation, lack of properties , especially in the low-price segment of the market, continued to hold back.
* Red 5 Ltd announced that gold production from its gold operations in Western Australia had dropped to 24,187 ounces in March 2019, compared to 26,118 ounces in December.
* The joint venture agreement between Barrick Gold Corp. and Newmont Goldcorp Corporation in Nevada removes all regulatory conditions, the two companies announced Monday.
DATA AHEAD (GMT)
* 1,400 units of new home sales in the United States, March
* 1400 EU consumer entrusted. Flash April (Report by Arijit Bose in Bengaluru, edited by Richard Pullin)
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