CHICAGO, Oct. 3 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Tuesday for the third consecutive session amid higher equities and firmer U.S. dollar.
The most active gold contract for December delivery went down 1.2 dollars, or 0.09 percent, to close at 1,274.60 dollars per ounce.
Gold was pressured by record highs in U.S. stock benchmarks. The Dow Jones Industrial Average rose 71.64 points, or 0.32 percent, as of 1736 GMT. Nasdaq and S&P 500 were also going higher.
When equities post gains, gold usually goes up as investors are lured to the stocks market.
The precious metal garnered additional support from President Donald Trump's tax cut proposal and a firm dollar.
The U.S. Dollar Index, a measure of the greenback against a basket of other major currencies, climbed to 93.90 as of 1715 GMT before retreating moderately.
Meanwhile, higher bond yields are also attracting more investments to U.S. treasury market, said analysts.
As for other precious metals, silver for December delivery went down 0.4 cent, or 0.02 percent, to close at 16.65 dollars per ounce. Platinum for next January dropped 1.10 dollars, or 0.12 percent, to settle at 915.50 dollars per ounce. Enditem
