Gold, down in seven of its last eight sessions extended earlier losses on Tuesday on a firm dollar, weak technical signals and speculation that the U.S. Federal Reserve might rein in its stimulus program.
Gold fell to end at $1,408 on Tuesday after the outflow from the biggest gold exchange-traded fund (ETF) accelerated, investors shifted towards other assets like equities, and as a stronger dollar put pressure on prices.
Gold rose to settle about $1,421 per ounce, supported by strong physical buying after last week hitting a two-year low, but investors reduced holdings of bullion in the top exchange-traded fund to the lowest in nearly three years.
Gold rebounded to settle at $1,395 an ounce as strong buying of coins and bars continued, primarily in Asia, but prices were still on course for a fourth week of losses after a brutal sell-off.
Gold rallied to end at $1,392 after volatile Asian trade saw prices slide towards two-year lows hit earlier in the week, with strong physical buying set against exits from exchange-traded funds.
Gold futures settled lower, but spot gold rose in choppy trade as the two-year low it hit the previous session triggered Asian physical buying, but the market had trouble holding on to gains and is seen vulnerable to further sell-offs.
Gold rose after physical buyers of bullion grabbed the chance offered by the previous session's record-breaking one-day drop, but investors expected more falls.
Gold plummeted more than 9 percent, and settled down more $140 per ounce, as investors ditched the precious metal en masse in search for better returns in other assets.
Gold settled close to $1,500 per ounce, a drop of more than 20 percent from its record 2011 highs, putting it in bear market territory for the first time after 12 years of gains.
Gold bounced back from a one-week low hit in earlier trade to end at $1,564 per ounce, as a weak dollar prompted buyers to pick up bargains, although analysts expect the rebound will be short-lived.
Cyprus plans to sell 400 million euros' worth of reserves to finance part of its bailout, according to European Commission documents. The move marks the biggest euro zone bullion sale in four years.
Gold rose on Tuesday as volatility in the currency market triggered by Japan's aggressive monetary easing plan lifted bullion's appeal as a hedge against inflation and currency fluctuations.
Gold fell on Monday as a stronger performance in U.S. equities and a dollar rise prompted investors to take profits after its rally in the previous session.
Gold rallied over 1.5 percent, its biggest one-day gain since November, as disappointing U.S. job data fueled expectations the Federal Reserve will continue its bullion-friendly bond purchases.
Gold settled lower for a third session on Thursday, as hopes of another interest rate cut by the ECB and new monetary stimulus offered by the Bank of Japan failed to stem heavy selling of bullion by funds.
Gold ended lower after earlier tumbling to a nine-month low near $1,550 an ounce as deepening losses in crude oil and equities triggered a sell-off of commodities.
Gold fell 1.5 percent, its biggest one-day drop in more than a month, as economic optimism lifted U.S. equities to near a record high and weakened bullion's safe-haven appeal.
Gold settled higher in light holiday trade, as the market digested U.S. manufacturing and construction reports that painted a mixed picture of the economy ahead of the all-important nonfarm payrolls report later in the week.
Gold settled below $1,600 an ounce, as banks reopened in Cyprus for the first time in two weeks without signs of panic withdrawals, sapping demand for low-risk assets.
Gold rose 0.5 percent, snapping a three-day losing streak, as renewed euro zone worries and hopes the Federal Reserve will continue its loose monetary policy triggered bullion buying.