Gold prices fell by 0.5% during trading on Tuesday, reaching $3,926.52 per ounce. US gold futures for December delivery also declined by 0.8% to $3,936.30 per ounce.
Other precious metals also moved lower. Silver dropped 1.8% to $49.71 per ounce, while platinum fell 0.2% to $1,446.80 per ounce.