USD 79.6845

+1.01

EUR 93.0237

+1.54

BRENT 42.11

+0.75

AI-92 43.38

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AI-95 47.42

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AI-98 53.51

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Diesel 47.42

0

40

Gold Futures Settled Higher

Comex gold futures put in a low key consolidatory session Tuesday

Comex gold futures put in a low key consolidatory session Tuesday and forged a narrow 'inside day' wherein prices held within the previous day's trading range, Dow Jones reports.

The most active June gold contract settled 60 cents higher at $426.60 per ounce.

Dealers said the quiet session largely reflected the low-key tone of the
dollar versus its major rivals through the day, and offered players in the
bullion market a chance to let the dust settle following the price retreat seen
in gold over the past few days.

Since Friday, June gold has dropped more than $6 an ounce from a high of
$431.50 to a low of $424.70.

The turn higher in the U.S. dollar was deemed the main source of the selling
pressure, spurring speculators to curb exposure to dollar-alternatives and
muting demand for dollar-priced commodities in general.