Mubasher: Gold prices settled higher on Tuesday amidst a mixed performance by the US dollar, which encouraged more investors’ demand for safe haven amidst rising risks in European markets.

The precious metal built on the decline of the dollar from a seven-week high against major currencies, especially the British pound and the Japanese yen, as well as a fall in Asian stock markets, despite another surge in treasury yields in the Unites States.

Gold futures for December delivery rose by 0.2% to $1,191.50 per ounce.