Gold futures ended higher on Tuesday for the first time in three sessions, as the U.S. consumer price index reading came in higher than expected, boosting the metal’s appeal as a hedge against inflation. June gold
GCM21,
+0.78%
rose $14.90, or 0.9%, to settle at $1,747.60 an ounce on Comex – more than erasing the loss of 0.7% it saw on Monday, when prices settled at their lowest in a week.
