Spot gold price edges lower on sustained selling pressure

London (Nov 29)  Gold price dropped lower on the morning of Tuesday November 29 in London as investors shunned safe-haven assets amid an uptick in global sentiment and the widely held assumption that the Federal Reserve will raise interest rates next month.

The spot gold price of $1,185 per oz was down $7...but is up from the Friday's low of $1,171 per oz.

Source: Reuters