Gold futures settled at six week highest rate on Tuesday, due to the weakness in headwind dollar making the bullion cheaper for other currency holders. Safe haven bets ahead to the much awaited US CPI data also lifted yellow metal investments.
Gold futures for August declined by $7.10 or 0.4% to $1812.30 ounce on the Comex division of the New York Mercantile. Spot gold dipped by 0.2% to $1,784.49 per ounce.