Feb 17 : Gold extended losses on Tuesday, pressured by easing geopolitical tensions in Iran and Russia, as well as a stronger dollar, with investors awaiting the minutes of the January FOMC meeting, due later this week. Spot gold dropped 0.8 per cent to $4,953.90 per ounce by 0345 GMT, after losing 1 per cent earlier in the session. U.S. gold futures for April delivery lost 1.5 per cent to $4,972.90 per ounce. "It (gold) is not really going very far because it doesn't look like the (