Gold rises on weaker US dollar
Gold prices rose 1.5 per cent on Tuesday on the weaker US dollar, with investors keeping a close eye on the currency ahead of the US presidential election result and expected central bank interest rate cuts this week.
Gold rose on Friday and hovered above $930 per ounce, with investors keeping an eye on the dollar, which rose the previous day when bleak US jobs data enhanced the dollar's safe-haven appeal and hurt bullion.