Gold bounces in Asia

Gold regained strength on Tuesday as bargain hunting resurfaced after prices dropped more than 2 percent in the previous session, but higher equities and easing worries about recession in the United States could limit gains. Spot gold added $10.71 to $1,797.96 an ounce by 0647 GMT.
Trading was volatile last week, when gold tumbled more than $200 towards $1,700 after striking a record at $1,911.46 as investors sought refuge from the eurozone debt crisis, weakness in the US economy and volatile currencies.