The price of gold on Wednesday morning weakly declining, with further movement of its value may be determined after the release of data on the labor market in the United States, the trading results show.

The price of December gold futures on the New York Comex Exchange is down $3.25, or 0.19%, to $1,727.25 per troy ounce. December silver futures are down 1.08% to $20.872 an ounce.