Gold futures settled higher for the fourth straight session on Tuesday, posting a three week high rate kindled by a weaker bond yields which curtailed bullion’s opportunity cost. Anxiousness ahead to the minutes from Federal Reserve’s June policy meeting also added some safe haven yellow metal investments.
Gold futures for August 0.6% higher at $1,794.20 an ounce on the Comex division of the New York Mercantile. Spot gold rose 0.2% to $1,794.37 per ounce.