The most active gold contract for February delivery fell 4.3 U.S. dollars, or 0.23 percent, to close at 1,850.9 dollars per ounce.
The S&P CoreLogic Case-Shiller home price index rose 9.5 percent in November 2020, compared with the same month of 2019. This is the strongest annual growth rate in over six years, as well as one of the largest annual gains in the more than 30-year history of the index.
The Conference Board reported Tuesday that its consumer confidence index increased to a reading of 89.3 in January, higher than the reading of 87.1 in December.
Investors also took positions ahead of the Federal Open Market Committee (FOMC) meeting, which started Tuesday and will release a statement after closing on Wednesday.
Silver for March delivery rose 5.4 cents, or 0.21 percent, to close at 25.538 dollars per ounce. Platinum for April delivery rose 2.7 dollars, or 0.24 percent, to close at 1,107.4 dollars per ounce.
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