April 16 (Reuters) – Gold slipped for a fourth straight session on Tuesday as optimism over the U.S.-China trade talks helped investors retain risk appetite despite dismal quarterly results from Wall Street.

FUNDAMENTALS

* Spot gold was down 0.1 percent at $1,286.38 per ounce, as of 0120 GMT. In the previous session, the bullion dropped to $1,281.96, its weakest since April 4.

* U.S. gold futures shed about 0.2 percent at $1,289.20 an ounce.

* The U.S.-China trade dispute, signs of slowing global corporate earnings and business investment have all put pressure on riskier assets in the past year, so investors have been quick to lap-up positive news.

* Asian stocks hovered below a nine-month peak on Tuesday after disappointing bank earnings dented Wall Street,

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