Prices of safe-haven gold failed to sustain early-session gains on Tuesday, after initially rising following news that the U.S. will end Iran sanctions waivers.

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Gold prices fell on Thursday in Asia as upbeat Chinese economic data pointed to an improved growth outlook and put pressure on the safe-haven metal.

The World Gold Council (WGC) recently published data on the countries of the world that own gold in their international reserves. It follows from them that Qatar bought 9.3 tons of gold, increasing its gold reserves by 30%.