Gold futures finished higher on Tuesday, kindled by the weakness in dollar and sliding US Treasury bond yield notes amidst bets of Fed interest rate trims by March. Meanwhile, key US economic data including PMI, GDP and PCE inflation numbers this week has closely been eyed by the market for gauging US central Bank’s monetary policy plans.
Gold futures for February delivery up by $3.60 or 0.17% to settle at $2045.20 per ounce on the Comex division of the New York Mercantile. While, spot gold slipped by $5.02 points or 0.25% to $2,024.26 ounce.