Silver lost 71 cents and closed at $27.25 an ounce.
Metal futures took a beating as equities returned to making gains and steal the spotlight from commodities.
Against the dollar, the euro fell to $1.2822 from Monday's $1.2849. Against the yen, the dollar rose to 93.36 yen from 93.24 yen.
The British pound fell to $1.5105 from $1.5231. The dollar dropped to 1.0144 Canadian dollars from 1.0168 Canadian.
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