Gold prices down again, Why?

Gold and the dollar usually move in the opposite direction, which means if the US dollar rises then gold futures will decline, as dollar-priced gold becomes more expensive for holders of other currencies.

Different types of gold in the form of jewelry.

Gold futures on the COMEX division of the New York Mercantile Exchange fell slightly in late Tuesday trading, depressed US dollar strengthened.
The most active gold contract for June delivery, down 4.7 US dollars or 0.36 percent, to close at 1,299.00 US dollars an ounce.
The US dollar index, which measures the greenback against six major rivals, rose 0.6 percent to 94,708 at 1930 GMT.
Gold and the dollar usually move in the opposite direction, which means if the US dollar rises then gold futures will decline, as dollar-priced gold becomes more expensive for holders of other currencies.
As for other precious metals, silver for July delivery fell 17.3 US cents, or 1.05 percent, to settle at 16.373 dollars an ounce. Platinum for July delivery added 4.6 dollars or 0.51 percent, to close at 905.9 dollars per ounce.