Gold rises with increased demand due to the decline in the dollar
Gold prices strengthened on Tuesday, with the US dollar falling to its lowest level in a month for the second consecutive session, making the yellow metal priced in dollars less expensive for buyers abroad.
And gold in immediate transactions rose 0.3 percent to $ 1858.19 an ounce (an ounce) by 0757 GMT, after rising to its highest level since the ninth of May at $ 1865.29 on Monday.
US gold futures rose 0.4 percent to $1,854.40.
The dollar, which is one of the safe havens competing for gold, is retreating broadly along with the decline in US Treasury yields from their highest levels in years with strong easing from the US Federal Reserve.
As for other precious metals, silver rose in spot transactions 0.4, while platinum fell 0.2 percent and palladium rose 1.4 percent.
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