• Gold futures on the COMEX division of the New York Mercantile Exchange rose on Tuesday as the U.S. dollar and U.S. equities weakened in the wake of a comment by U.S. President-Elect Donald Trump
• The most active gold contract for February delivery rose 16.7 U.S. dollars, or 1.4 percent, to settle at 1,212.90 dollars per ounce.
• Gold was given additional support as traders are also concerned over the fallout in the Eurozone from the United Kingdom's exit of the EU, as U.K. Prime Minister Theresa May committed to bringing Brexit to a vote in the U.K. parliament.
• Gold prices were ending the U.S. day session solidly higher and hit a nearly two-month high Tuesday. Resurfacing worries about the U.K. leaving the European Union prompted some safe-haven demand for gold today. British Prime Minister Theresa May said at a press conference today the U.K. ostensibly wants completely out of the EU, which is causing uncertainty among many European market participants.
Reference: Xinhua,Kitco
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