Gold firmer near $1,350

FXStreet (Edinburgh) - The ounce troy of the precious metal is advancing for the second consecutive session on Tuesday, hovering over the key area of $1,350 amidst a risk-off environment. “Gold has been trading sideways over the past ten days, and is clearly in search of new catalysts. There is a reluctance of aggressively push the market higher here considering the recent upside surprise”, commented the research team at UBS.