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Metals Stocks: Gold’s 4-day win streak at risk though China, Russia issues underpin haven demand

Gold futures fell Tuesday, at risk of snapping a string of four straight winning sessions as traders hit pause on the metal’s run even as a leading dollar index sagged.

Prices for the metal found support over recent sessions as the dollar declined and as financial markets kept close tabs on the ebb and flow of trade tensions between the U.S. and China, concerns that have sent gold’s price up some 3% in reaction. The ongoing global reaction toward Russian intelligence officers in the wake of the U.K. poisoning case is underpinning demand for the haven metal, analysts said.

Early Tuesday, April gold GCJ8, -0.70% fell $6.40, or 0.5%, to $1,348.50 an ounce.

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