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.

Silver prices fell on Monday amid a weak demand by coin markets on Monday, The Economic Times reported. The value of silver was €13.64 per ounce.

Austrian Mint produced its second silver coin in March with a design of a historic ancient castle that was used by Duke Leopold of Vienna to house the imprisoned king of England Richard the Lionheart. This release is the second of the Austrian Mint this year to celebrate the mint 825 years of excellence. This release will be further followed by another one later this year. The design of three coins will be dedicated to mark three historic events that took place in the beginning era of the mint.

The Royal Mint has released a new coin to celebrate the scientific achievements of the legendary Stephen Hawking who passed away last year after a life rich of scientific and academic achievements. Named "the black hole" after his famous theory, the coin was released last week and is currently available in the market.

The Royal Canadian Mint issued a new silver coin in March with a design similar to the 1949 silver dollar, which marked the Newfoundland and Labrador joining of the Canadian Confederation. The issuance of this coin celebrates the passage of 70 years since Newfoundland and Labrador became the newest province of Canada after they were a part of the British colony.

A new coin featuring the famous children cartoon character Peter Rabbit became available in the market on Tuesday. The 50 pence coin, issued by the Royal Mint, is expected to attract the attention of the coin collectors.

In honor of the longest-running primetime scripted cartoon series "The Simpsons", The Perth Mint released a 1 oz silver coin featuring the Simpson Homer, with 99.99% silver purity.

A research firm has stated that they expect the prices of silver to pick up to $17.50 an ounce by the end of this year, a 10 percent increase from the precious metal current market prices.

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.