Gold prices fell on Wednesday, with stocks rising on Wall Street amid strong data for U.S. industrial production fueled feelings of caution among investors regarding the precious metal, a day after falling nearly two percent.
And was dealing in gold soon moving average of 200 days in which about 1,300 dollars an ounce after a U.S. government report showed that industrial production rose at a pace greater than expected in March.
Purchases of gold eased by seeking safe haven in the absence of new outbreaks of violence between government forces and Ukrainian pro-Russian separatists in eastern Ukraine .
In Spot price of gold down 0.2 percent to 1299.59 dollars an ounce by 1600 GMT, after falling 1.8 percent on Tuesday .
And increased U.S. gold futures for June delivery $ 1.10 an ounce to U.S. $ 1301.10 .
Silver and settled in online transactions without change to 19.57 dollars an ounce and had fallen to its lowest level in two and a half at 19.27 dollars on Tuesday .
Platinum fell 40 cents to hit U.S. $ 1434.50 an ounce and palladium rose 1.1 percent to 800.60 dollars.
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