Gold rise two per cent
Gold rose two per cent on Monday in a risk rally with equities and commodities, as the US dollar tumbled after a renewed Franco-German pledge to introduce a plan to resolve the euro zone's debilitating debt crisis.
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.