The world gold prices continued to fall Tuesday for the fourth consecutive day amid a recovery of the US dollar value. Unexpected new home sales in the U.S. have increased the value of the greenback, triggering the decline of the gold prices, according to FX Empire.

Gold has reached its highest level this year in mid-February. However, its value has dropped since then amid a recovery of the US dollar. On Tuesday, the gold prices dropped to $1,287.3 an ounce, down from $1,345.75 registered in February.