Gold futures on the COMEX division of the New York Mercantile Exchange continued to rise on Tuesday as the U.S. dollar weakened over President Donald Trump's criticism on the Fed's monetary policy.
The most active gold contract for December delivery went up 5.4 dollars, or 0.45 percent, to close at 1200.00 dollars per ounce.
In a recent interview, Trump again criticized the Federal Reserve for raising key interest rates, which he insisted would not help boost the economy.
His remarks drove down the U.S. dollar index, a gauge of the greenback against a basket of other key currencies, which fell 0.68 percent to 95.14 as of 1907 GMT.
When the dollar weakens, gold futures usually rise as gold, priced in the dollar, becomes less expensive for investors using other currencies.
As for other precious metals, silver for September delivery went up 9.6 cents, or 0.65 percent, to close at 14.766 dollars per ounce. Platinum for October fell 0.90 dollars, or 0.11 percent, to settle at 793.00 dollars per ounce.
