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23-May2018

Gold futures end slightly higher on Tuesday

Gold futures ended slightly higher on Tuesday, as the dollar pulled back from multi-month highs, but the precious metal still hovered near the lowest levels of the year. The safe haven has remained stuck near $1,290/ounce level for a week now, showing little response to developments on the trade or geopolitical fronts.

Gold futures for June delivery settled up by $1.10, or 0.10 percent, at $1,292 per ounce, on the Comex division of the New York Mercantile. While, spot gold was up by 0.12 percent at $1,291.70 per ounce.



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