(MENAFN- ProactiveInvestors)
Gold prices snapped a three-day rally as strength in the U.S. stock market lured investors away from the yellow metal.
Investors also digested a spate of U.S. economic reports as well as a surprise interest-rate cut from China and details on India’s government budget to help gauge gold demand.
Gold for April delivery fell 0.4% to settle at US$1208.20 an ounce on the Comex after tallying a gain of roughly 1.3% over the past three trading sessions.
In other metals trading May silver declined 0.7% to US$16.451 an ounce.
April platinum rose US$4.30 to US$1189.90 an ounce. June palladium ticked up US$11.60 to US$831.10 an ounce.
May copper added less than a cent to US$2.6975 a pound.
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