• Gold edged higher early Tuesday, supported by an easing dollar, but was still near seven-week lows hit in the previous session when it posted its biggest one-day percentage loss since November.
Spot gold rose 0.4 percent to $1,224.70 per ounce at 0100 GMT. On Monday, it fell 1.7 percent to touch a low of $1,218.31 an ounce, its weakest since May 11.
The dollar index against a basket of six major currencies slipped 0.1 pct to 96.087
• Euro zone growth is stronger than expected and this will enable the European Central Bank to slowly normalize its monetary policy and end a "crazy situation" of negative interest rates, German Finance Minister Wolfgang Schaeuble said on Monday.
• Gertjan Vlieghe, one of the Bank of England's interest rate-setters, on Monday said he favoured keeping borrowing costs at their historic low, despite a shift among some of his peers at the central bank in favour of a first hike in a decade.
• There is no behind-the-scenes pact between powerful central bankers to tighten policy but the potent effect their actions have on financial markets means they want a deeper understanding of each others' motivations, officials told Reuters.
• Holdings of gold by global exchange-traded funds rose during the second quarter by 56 tons, said Commerzbank. This was the same as the first quarter.
Unlike in the first three months of the year, however, they lent no buoyancy to the gold price in the last quarter, the bank added.
Although holdings of silver ETFs were increased by 686 tons in the second quarter, the silver price decreased by 9% over the past three months.
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Reference: Reuters, Scrapregister
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