Gold futures finished higher on Tuesday, as the investment appeal of the bullion got bolstered by the weakness in dollar and rising geopolitical tensions. Concerns over inflation and potential economic slowdowns, also added the safe haven appeal of the precious metal. Meanwhile, market is closely watching the FOMC decision due today.
Gold futures for August delivery up by $0.14 or 0.42% to settle at $3,324.00 an ounce on the Comex division of the New York Mercantile. Spot gold rose by $0.72 or 0.02% to $ 3,327.34 an ounce.
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