By Ashitha Shivaprasad
(Reuters) – Gold prices extended losses for a second day to hit a more than two-week low on Tuesday as diminishing fears about an escalation of tensions in the Middle East prompted investors to book profits ahead of key U.S. economic data this week.
Spot gold fell 0.3% to $2,318.90 per ounce by 11:14 a.m. ET (1514 GMT)…