Gold Nudges Up As Asian Shares Edge Lower

      

Gold prices inched up early Tuesday as Asian stocks faltered, weighed down by political tensions between Saudi Arabia and Western powers, uncertainties around Br-exit and Italy's budgetary woes.
US gold futures edged up 0.1 percent to $1,225.30 an ounce. Asian shares were listless on Tuesday, a day after a strong rally led by stimulus hope in China, with MSCI's broadest index of Asia-Pacific shares outside Japan dropping 0.5 per cent. 

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European Shares Fall To Lowest Levels In Nearly Two Years

European shares fell to their lowest levels in nearly two years on Tuesday as a new batch of third-quarter earnings failed to offset growing concerns on Brexit, Italy's budget, Saudi isolation, trade wars, Chinese growth and US interest rates. The pan-European STOXX 600 was down 1.1 per cent at 0826 GMT, its lowest level since December 2016 as it headed towards a fifth day of losses after a negative close in Asia and on Wall Street. 

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