Bullion was trading at US$1,262 an ounce on the spot market at the time of writing, about $13/oz lower than this time yesterday.
Australian investors were undaunted, with gold miners in the benchmark S&P/ASX200 index all in positive territory in midday trade.
Producer Saracen Mineral Holdings (ASX: SAR) was up 6.05% earlier and trading around a 52-week high.
In Toronto, the S&P/TSX Composite Index metals and mining sector had closed down 0.52% yesterday, with the gold subset down 0.65%.
Dual-listed OceanaGold Corp (TSX: OGC) was among a handful there to close higher, up 1.12% yesterday after lifting guidance.
London's metals and mining sector on the FTSE100 regained a little further ground yesterday, closing up 0.18%.
Base metals on the London Metal Exchange were lower yesterday, except nickel - which rose more than 2.2% to near the US$15,000/t mark - and tin which was up around 1.4%.
