The most active gold contract for June delivery went down 11.6 U.S. dollars, or 0.89 percent, to settle at 1,286.2 dollars per ounce.
The U.S. dollar index, which measures the buck against six rivals, went up 0.23 percent to 97.79 as of 1730 GMT.
Gold usually moves in opposite directions with the U.S. dollar, which means if the dollar goes strong, gold futures will fall as gold, priced in U.S. dollar, becomes expensive for investors using other currencies.
As of 1745 GMT, the Dow Jones Industrial Average added 180.46 points, or 0.7 percent. The S&P 500 Index went up 21.15 points, or 0.74 percent, and the Nasdaq Composite Index was up 66.27 points, or 0.85 percent .
Gold usually moves in opposite directions with the U.S. equities. When the stock markets were on the rise, investors may stop buying safe-haven assets.
As for other precious metals, silver for July delivery was down 27.3 cents, or 1.84 percent, to settle at 14.539 dollars per ounce. Platinum for July delivery was down 14.1 dollars, or 1.66 percent, to close at 833.6 dollars per ounce.
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