Bullion stays on downside as risk appetite remains


Gold slipped on Wednesday as gains in the dollar and reduced recession fears on expectations of Russian gas supplies to Europe resuming soon dented safe-haven bullion's appeal.

Spot gold was down 0.2% at $1,708.09 per ounce by 1126 GMT in rangebound trading. U.S. gold futures eased 0.3% to $1,706.40.

"Gold is being...