Gold futures ended higher on Tuesday, as the sliding dollar and US Treasury Bond yields buoyed the yellow metal investments. Moreover, safe haven appeal of the bullion amid persisting concerns over global economic health also lifted the bullion investments. Albeit, the much anticipated interest rate hike from the Federal Reserve at its two-day policy meeting limited some gains.
Gold futures for June rose by 0.4% or $7 to settle at $1,870.60 ounce on the Comex division of the New York Mercantile. While, spot gold climbed by 0.4% at $1,870.56 per ounce.