Gold futures finished higher on Tuesday as the investment appeal of the bullion got lifted after the US 10-year Treasury yields dipped in the session. Moreover, increased safe haven bets with the surge in covid cases and the possible economic restrictions also added the up move.
Gold futures for June enlarged by 0.4% or $7.80 to settle at $1,778.40 an ounce on the Comex division of the New York Mercantile. Spot gold rose by 0.5% to $1,777.43 per ounce.