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Gold prices fell under the pressure of the greenback and the yellow metal failed to break through an important technical level.
The spot price of gold declined 0.3% to settle at $ 1,222.13 the ounce. The metal reached its highest level in two and a half months last week at $ 1233.26.
Prices are on track to record the largest percentage decline since October 12.
Futures on US gold fell 0.3% to $ 1224.80 an ounce.
"The strength of the dollar and the gold market 's inability to exceed the 100 – day average (at 1224 dollars on Monday) have given people the impression that gold does not make it. had no chance to progress, "said Walter Pihoich, executive vice president of investment services at Dillon Gigi Metals.
The dollar has appreciated against a large basket of currencies, reducing the demand for yellow metal in US dollars, while Wall Street has not been able to capitalize on gains from European and Asian stock markets .
Among the other precious metals, silver fell 0.4% to 14.54 dollars an ounce, while platinum fell 0.8% to 822.90 dollars an ounce .
Palladium rose 3.7% to $ 1120 an ounce, after peaking at $ 1123.20 an ounce.
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