Mubasher: Gold dropped at Tuesday’s settlement on the back of a strong US dollar.

Comex June gold went down $4.4, or less 0.3%, to close at $1,273.2 per ounce.

By 08:34 pm GMT, the US dollar index (DXY), which measures the US currency against a basket of six major currencies, grew 0.35% to 97.63.