Gold prices rise on uncertainty over Trump’s policies

Gold prices rose on Tuesday, supported by uncertainty over the Trump administration’s upcoming policies and investor sentiment ahead of crucial US data that could provide insights into the path of Federal Reserve policy.

Spot gold rose 0.34% to $2,669.53 an ounce. US gold futures rose 0.33% to $2,687.50.

The precious metal had fallen about 1% on Monday due to a stronger US dollar supported by strong jobs data last week, which reduced investors’ appetite for gold.