Gold down on rising U.S. bond yields
The most active gold contract for June delivery fell 28.6 U.S. dollars, or 1.67 percent, to close at 1,686 dollars per ounce.
A stronger dollar also dampened gold.
Upbeat economic figures released on Tuesday further pushed gold down. The S&P CoreLogic Case-Shiller National Home Price Index rose 11.2 percent in January, up from a 10.4-percent annual rate in the prior month.
The Conference Board reported that its consumer confidence index rose to 109.7 in March, up from 90.4 in February.
Silver for May delivery fell 63.4 cents, or 2.56 percent, to close at 24.137 dollars per ounce. Platinum for July delivery fell 23.5 dollars, or 1.98 percent, to close at 1,160.6 dollars per ounce.