Gold prices edged lower in European trading on Thursday, nursing overnight losses amid fading demand for safe-haven assets, despite jitters ahead of the French presidential election and ongoing geopolitical tensions over North Korea.

Comex gold futures shed $2.90, or around 0.2%, to $1,280.50 a troy ounce by 2:45AM ET (06:45GMT). Meanwhile, spot gold was slightly lower at $1,279.30.

The yellow metal logging its first loss in six sessions on Wednesday after hitting a one-week low of $1,275.40, as the U.S. dollar recovered from recent losses.