IN BRIEF Gold slips for first time this year, closes at US$1,151/oz on LBM

The price of gold trading on the London Bullion Market (LBM) slipped for the first time so far this year on Tuesday when it closed at US$1,151/oz, compared to US$1,153/oz the trading day before.
The US dollar, whose recent weakness had been propelling gold prices continuously higher since the start of the year, recovered some ground Tuesday against the euro and other currencies.