Gold prices edged lower in European trading on Tuesday, one day after rallying to its strongest level in five months as investors monitored continued tension on the Korean peninsula.

Comex gold futures shed $7.40, or around 0.6%, to $1,284.50 a troy ounce by 3:10AM ET (07:10GMT). Meanwhile, spot gold was down $2.00 at $1,282.70.

The yellow metal settled higher for the fourth session in a row on Monday after hitting its strongest since early November at $1,297.40.

Tension surrounding North Korea has mounted over the past week as U.S. President Donald Trump has taken a tough rhetorical line with Pyongyang, boosting demand for safe-haven assets.

Lingering worries about the upcoming French presidential elections on April 23 further supported demand for assets perceived as safer.