Gold lost its safe-haven appeal, falling 0.58% on high risk-aversion amid global economic challenges. Solid greenback also weighted down on the yellow metal.
Silver declined on weak global equities and strong US Dollar. Escalated worries about the world's economic slowdown added pressure on the white metal.
Platinum extended losses despite supply concerns from South Africa as risk of strikes at the largest platinum mine still persists.
Palladium retreated on global growth fears. Adding to the negative mood of the commodity, US factory output dropped 1.1% in August.