Gold Ends Tuesday on Slim Gains

Gold prices rose on Tuesday, supported by the decline of the US Dollar (USD) and a soft performance by the stock markets after opening Monday at record highs on the back of optimism following the approval of a new stimulus package in the United States.

Gold futures for February delivery rose by $2.50, or 0.1%, to close at $1,882.90 per ounce.

Meanwhile, silver futures for March delivery decreased by 32.2 cents, or 1.2%, to reach $26.217 per ounce.

It is worth noting that the Dollar Index (DXY), which measures the greenback performance against a basket of six major international currencies, is down by 0.38% at 90.