(RTTNews) - The price of gold was ticking lower Tuesday morning amid a steady U.S. dollar.
Gold for December delivery, the most actively traded contract, edged down $6.90 to $1,663.90 an ounce. Yesterday, gold ended higher as the dollar suffered big losses against the euro.
This morning, the U.S. dollar was paring its recent losses versus the euro and the Swiss franc, while ticking higher against sterling. The buck continued to struggle for direction against the yen.
In economic news from the euro zone, U.K. industrial production increased unexpectedly by 0.2 percent in August from July, data from the Office for National Statistics showed. Economists were expecting a 0.2 percent fall in production.
Elsewhere, the prices of silver and platinum were ticking lower in morning deals.
In economic news from the U.S., the Federal Reserve will release the minutes of its latest meeting, which could give some indication on the Fed's view on the U.S. economy.
