since 2004. Prices fell 30 percent in Swiss francs and 29 percent in British pounds.
A drop in exchange-traded fund holdings showed investors had lost faith in bullion as a hedge against inflation and an alternative investment after the U.S. Federal Reserve announced plans to trim its monthly bond purchases.
Holdings in the SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell 0.37 percent to 798.22 tonnes on Monday, their lowest since January 2009.
In Singapore, premiums for gold bars were unchanged at $1.50 an ounce to spot London prices, while in Hong Kong, offers stood at between $1.50 and a high of $2.00.
Silver was down 1.13 percent to $19.43 an ounce. Silver is down 36 percent this year in its worst annual performance since at least 1982, making it the worst-performing precious metal in 2013.
Spot platinum was up 0.8 percent at $1,376.0 an ounce and on course to post an 11 percent annual loss. Best-performing palladium rose 0.9 percent to $718.10 an ounce and was ending year up 2 percent.