Gold Futures Close at Two-Week High

Gold prices rose on Tuesday to finish at their highest level in about two weeks, supported by expectations that the Federal Reserve policy statement will help lower Treasury bond yields.

The yellow metal futures for April delivery rise by $1.70, or 0.1%, to close at $1,730.90 per ounce.

This the highest closing level for gold’s most-active contract since March 2.

Meanwhile, silver futures for May delivery declined by 29 cents, or 1.1%, to settle at $26.02 per ounce.