Gold slides, down 0.36 percent

Gold fell slightly Tuesday, giving up $6.20 or 0.36 to settle at $1,724.70 a troy ounce on the Comex division of the New York Mercantile Exchange. Silver gave up 4 cents to $32.48 per ounce, off 0.13 percent. With the dollar index up 0.05 percent on the International Exchange, gold dropped for the second consecutive trading session. It is correcting lower after a two-week long buildup before the Nov. 6 election. The euro fell to $1.27 from Monday's $1.2709. Against the yen, the dollar was 79.42 from 79.49 yen. The dollar was mixed in Asia and broadly higher in Europe. The British pound fell to $1.5868 from $1.5877, while the U.S. dollar rose to 1.0023 Canadian dollar from 0.9998. The Australian dollar rose to $1.043 from $1.0428. The dollar held unchanged at 54.885 Indian rupee and dropped to 7.7504 Hong Kong dollars from 7.7509.