Gold prices rose more than 1% on Tuesday as the U.S. dollar weakened further, while uncertainty persisted over US tariff policy, reports Reuters.
Spot gold was up 1.6% at $3,280.32 an ounce by 1049 ET (1449 GMT), while US gold futures were 1.5% higher at $3,283.10.
The dollar slipped again on Tuesday.
A softer dollar makes bullion cheaper for buyers holding other currencies.
Gold prices edge up _-
FE Team | Published: May 20, 2025 23:21:03
Gold prices edge up _-
Share if you like