USD 73.2806

-0.1

EUR 86.625

+0.12

BRENT 45.41

+0.24

AI-92 43.34

0

AI-95 47.59

-0.01

AI-98 53.02

+0.02

Diesel 47.89

+0.01

71

Gold Price Lower on Irainian-UK Scandal

Gold futures closed lower Tuesday after a strong rally sparked by tensions between Iran and the U.K.

Gold futures closed lower Tuesday after a strong rally sparked by tensions between Iran and the U.K. over the seizure of 15 British seamen.

Gold for April delivery closed down $1.40 at $662.50 an ounce on the New York Mercantile Exchange.

"Another largely sideways day has been seen in the precious metals despite a weaker than expected confidence reading from the New York Conference board," said James Moore, metals analyst at TheBullionDesk.com.