Gold futures finished slightly higher on Tuesday, after the dollar retreated to five month low rate and on dipping US Treasury bond yield notes. Moreover, fall of November US prices for the first in more than 3-1/2 years, raised bets of inflation annual rise further below 3%, reinforcing interest rate cuts in March. The yellow metal for the most active contract finished near three-week high rate.
Gold futures for February delivery rose by $0.70 or 0.03% to $2069.80 per ounce on the Comex division of the New York Mercantile. Spot gold dipped by $2.79 points or 0.13% to $2,065.02 ounce.