Gold settles above the lowest level in 9 months

Gold settled on Tuesday, with lower yields on US Treasuries, which boosted demand and offset the impact of a stronger dollar that pushed gold to a nine-month low earlier.

And gold settled in spot transactions at $ 1733.59 an ounce by 0740 GMT, after hitting its lowest level since September 30 at $ 1722.36 an ounce earlier in the session.

US gold futures rose 0.1 percent to $1,733.60 an ounce.

The yield on US Treasury bonds for ten years fell for the second session in a row, supporting the demand for gold, which does not generate fixed interest.

The dollar jumped to a 20-year high against a basket of major currencies on Tuesday, making gold more expensive for buyers of other currencies.

As for other precious metals, silver fell 0.7 percent to $18.95 an ounce. Platinum fell 2 percent to $852.07 an ounce, and palladium fell 1.5 percent to $2,130.02 an ounce.