Gold declined as global stock markets rose on the Chinese economic data. China's GDP data also supported stock markets. China's National Bureau of Statistics released its gross domestic product (GDP) data on Tuesday. The country's economy expanded 6.8% in the fourth quarter of 2015, after a 6.9% rise in the third quarter. It was the slowest rise since 2009.

In 2015 as whole, China's economy grew 6.9%, after a 7.3% increase in 2014. It was the slowest growth since 1990.

February futures for gold on the COMEX today fell to 1082.10 dollars per ounce.