Gold prices fall for the third-consecutive session on Tuesday as general interest in the asset remains limited and Deutsche Bank writes in a note that rising unrest in Ukraine may be negative for gold.
Gold prices close slightly lower amid a thinly traded market due to closures in London for the Easter Monday holiday. Escalation in Ukraine violence was failing to push up prices.
Despite growing worries of greater unrest in Ukraine, gold prices remain little changed, suggesting that the yellow metal hasn't received safe-haven status from investors.
Federal Reserve Chair Janet Yellen says she's more worried that inflation will run under the 2% target than above it.
ETF Securities U.S. research director Mike McGlone says waiting until next week to jump back into the gold market and the other precious metals is a good idea.
Wells Fargo Advisors Scott Wren says recent market volatility is good for retail investors and recommends cyclical stocks, but says investors should avoid defensive stocks.
Gold tumbles as strong retail sales offset worries about crisis in Ukraine and increasing demand in China.
Though the stock market is pulling back, there isn't much in the gold space to push the yellow metal decidedly higher, says Grafite Capital options trader Mihir Dange.
President Obama on Tuesday declares National Equal Pay Day in an effort to narrow the pay gap between men and women.
The long-term share of unemployment dipped in March, making executive recruiters optimistic for an improving labor sector through the spring.