Gold prices moved higher on Tuesday as the dollar weakened against most of its peers after comments from Joe Biden's U.S. Treasury Secretary nominee Janet Yellen about fiscal stimulus.
The dollar index, which eased to 90.40, was last seen hovering around 90.55, down nearly 0.25% from the previous close.
Gold futures for February ended up $10.30 or about 0.6% at $1,840.20 an ounce.
Silver futures for March ended higher by $0.454 at $25.320 an ounce, while Copper futures for March settled at $3.6335 per pound, up $0.0315 from the previous close.
For comments and feedback contact: editorial@rttnews.com
Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.