Gold fell on Tuesday in the face of competition from safe haven inflows into the dollar as COVID-19 cases increased globally and investors booked profits following bullion's rally to a near eight-year peak.
Spot gold fell 0.4% to $1,776.43 per ounce. It earlier touched a high of $1,786.91, $2.05 shy of Wednesday's near eight-year peak of $1,788.96. U.S. gold futures fell 0.5% to $1,784.00 per ounce.
Elsewhere, palladium dropped 1.03% to $1,919.37 per ounce, while platinum rose about 1% to $821.17 per ounce. Silver shed about 1% to $18.03 per ounce.
Source : Reuters