Gold prices fell almost 3% on Tuesday as news from the Treasury Secretary. Timothy Geithner made a promise Monday night that the governement will not devalue its currency and will preserve confidence in the U.S currency. On this news gold futures for December plummeted 2.6% or approx $35 an ounce on the the New York Mercantile Exchange Comex division. This is the biggest gold drop in months. In addition other metal retreated with silver tracking 81 cents lower, a 3.3% drop. Silver has outperformed gold in recent weeks. The dollar continued to level off from its eighth month low.