USD 64.4711

0

EUR 71.5307

0

BRENT 68.02

+7.87

AI-92 42.39

-0.01

AI-95 46.12

+0.01

AI-98 51.91

0

Diesel 46.14

+0.01

20

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.