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. 

Gold prices slightly increased on Friday, going over $1300 per ounce as gloomy economic picture emerged in the US because of the American jobs data, several sources reported. This has weakened the value of the US dollar and slightly boosted the value of gold.

The American gloomy jobs data was combined by weak economic performance by other key international economic players. The German market showed weak manufacturing performance while China had unexpectedly weaker than usual trade data, Kitco reported.

Meanwhile, the European Central Bank projected downgraded growth forecasts on Thursday.

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. Last Tuesday, the gold prices dropped to $1,287.3 an ounce, down from $1,345.75 registered in February. Silver prices dropped as well.

Gold prices slipped on future trade on Wednesday as the U.S. dollar showed strength amid a slump in demand at the spot market and lacklustre trend in the global market.

Gold prices increased on Monday amid fears of a potential recession in the U.S. and a slow global growth, Reuters reported. Spot gold rose to $1,316.40 per ounce, up 0.3 percent. Likewise, the price of gold gained 0.3 percent at the gold futures to reach $1,316.50 an ounce, it added.

The Palladium prices continued to drop on Thursday reaching $1,441.49 per ounce, down 0.2 percent after trading at $1,436 per ounce on Wednesday, its lowest point in five weeks. This is the biggest drop in prices that the precious metal experienced in two years as it plummeted 6.3 percent, the Economic Times reported. 

The prices of gold and silver rebounded on Friday a day after they experienced sharp losses. On Thursday, the silver prices hit a three-month low, while the prices of gold hit a three-week low, Kitco reported.

The Royal Canadian Mint released in April the newest gold coin in its 99.999% pure gold bullion "Call of the Wild" series.

Gold Prices recovered on Wednesday morning after they hit their lowest level in 4 weeks in the previous session.

The Royal Mint has released a new coin to commemorate the 350th anniversary of the final entry of Samuel Pepys’s diaries. The new coin comes in a brilliant uncirculated version, silver proof, and gold proof.

Gold prices rose on Thursday as the American dollar weakened against its rival currencies, Reuters reported. The American dollar traded near a week low in the previous session following the emergence of data indicating that U.S. service sector activity was at its lowest level in 19 months and the growth of payroll was less than expected, Reuters said.