Gold fell on Thursday in its fourth consecutive daily decline, moving more closely in tandem with the stock market than at any time in the last six months, as concern about Europe's debt crisis weighed on most asset classes. Palladium rose following data that showed monthly exports from Switzerland rose to their highest in three years, while platinum remained under pressure.
Spot gold fell 0.8 percent to $1,628.60 an ounce by 0947 GMT, having dropped earlier by as much as 2.0 percent to $1,602.40. December gold futures fell 1.0 percent to $1,631.30. Spot palladium was last up 1.1 percent at $604.72 an ounce, while platinum fell 1.2 percent to $1,492.24 an ounce, having fallen earlier by as much as 3.4 percent. Silver was flat at $30.97 an ounce.
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