Gold prices declined on Tuesday after reaching 11-week peaks in the previous session.
Spot gold was down at $US868.40/871.50 an ounce by late New York trade from $US874.25/$877.25 an ounce on Monday, when bullion rose to its strongest since 10 October at $US889.55.
In New York, gold for February delivery finished $US5.30, or 0.61%, lower at $US870 an ounce on the COMEX division of the New York Mercantile Exchange.
