After ending the previous session little changed, the price of gold moved to the downside during the trading day on Tuesday.
Gold for December delivery fell $13.40 to $1,736.30 an ounce after ending Monday's trading down just $0.10 at $1,749.70 an ounce.
The decrease in the price of the precious metal came even as the value of the U.S. showed a lack of direction, with the U.S. dollar index down by less than a tenth of a percent.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.