Gold Finishes on Modest Losses

Gold prices finished lower on Tuesday, amid anticipation for the outcomes of the Federal Reserve policy meeting.

Positive performance by the U.S. Dollar (USD), supported by a surge in consumer confidence to a 14-month high, led to lower demand for safe-havens.

Gold futures for June delivery closed lower by $1.30, or 0.1%, at $1,778.80 per ounce.

Meanwhile, silver futures for May delivery rose by 20 cents, or 0.8%, to finish at $26.41 per ounce.