Gold futures rose Tuesday as investors assessed the outlook for interest rates ahead of next week's meeting of Federal Reserve policy makers.
Gold for August delivery rose $5, or 0.3%, to $1,979.30 an ounce on Comex. July silver gained 10, or 0.4%, to trade at $23.735 an ounce.
July platinum rose 0.5% to $1.042 an ounce, while September palladium gained 1% to $1.424 an ounce. July copper declined 0.3% to $3.7585 a pound.
Gold gained ground on Monday, lifted by a weaker-than-expected U.S. services index reading from the Institute for Supply Management, which saw traders further ratchet down expectations for an interest rate hike when the Federal Reserve meets next week.
Source: Marketwatch
