Squabbling by European leaders over measures to cut Greece’s debt undermined investor confidence in the eurozone, sending gold down in Tuesday trading.

Gold futures for December delivery dropped to $1,724.80 on Tuesday, according to CME Group. Gold traded as high as $1,733.30 and as low as $1,717.60. Gold bullion closed in London at $1,728, according to BullionVault.

Silver futures for December delivery fell slightly to $32.49 per ounce. Tuesday’s high for silver was $32.83, while the low was $32.10.

Gold and silver funds were mixed in Tuesday trading.

• The SPDR Gold Trust (NYSE:GLD) edged down 0.2%.
• The iShares Gold Trust (NYSE:IAU) also slid 0.2%.
• The iShares Silver Trust (NYSE:SLV) inched up 0.1%.

Gold and silver mining ETFs pulled back during the day.

• The Market Vectors Gold Miners ETF (NYSE:GDX) fell 1.1%.
• The Market Vectors Junior Gold Miners ETF (NYSE:GDXJ) declined 2.3%.
• The Global X Silver Miners ETF (NYSE:SIL) retreated 1.4%.

Gold mining shares were mostly lower on Tuesday, with Kinross Gold (NYSE:KGC) falling the most.

• Agnico-Eagle Mines (NYSE:AEM) dipped 1.1%.
• Barrick Gold (NYSE:ABX) slipped 1.6%.
• Eldorado Gold (NYSE:EGO) rose 1.2%.
• Goldcorp (NYSE:GG) fell 1.5%.
• Kinross Gold declined 2.3%.
• Newmont Mining (NYSE:NEM) moved down 1.1%.
• NovaGold Resources (NYSE:NG) dropped 1.3%.
• Yamana Gold (NYSE:AUY) dipped 0.6%.

Silver mining shares mostly retreated on Tuesday.

• Coeur d’Alene Mines (NYSE:CDE) inched up 0.1%.
• Hecla Mining (NYSE:HL) fell 1.2%.
• Pan American Silver (NASDAQ:PAAS) also dipped 1.2%.
• Silver Wheaton (NYSE:SLW) slid 0.9%.
• Silver Standard Resources (NASDAQ:SSRI) declined 1%.

As of this writing, Christopher Freeburn did not hold a position in any of the aforementioned securities. Adrian Ash of BullionVault contributed to this report.