Gold futures settled higher on Tuesday after three straight sessional losses, ahead to the Federal Reserve’s meeting amid bets of curtailing stimulus measures. Although, yellow metal trimmed its gains after the meeting which kept the benchmark near zero.
Gold futures for August jumped by 0.3% or $5 at $1,861.40 an ounce on the Comex division of the New York Mercantile. While, spot gold was up 0.6% at $1,822.36 per ounce.