Gold dropped as hopes for QE3 in the US started to fade amid strong US data releases. Weak physical demand from India in view of poor crops also added pressure on the yellow metal.
Silver followed the gold's trend, falling by 0.19%. Lack of actions from the ECB and Fed weighted down on the white metal.
Platinum slid despite potential supply disruptions from South Africa as strikes at mines continued.
Palladium also declined as hopes for easing in the US and Europe started to vanish. Stronger US Dollar also pressurized the precious metal's price.