Gold prices rose on Tuesday as the dollar continued to decline, while investors awaited U.S. economic data this week that may clarify the Federal Reserve's timeline for interest rate cuts. Spot gold increased by 0.2% to $2401.22 per ounce by 02:04 GMT. U.S. gold futures climbed 0.4% to $2403.60. Traders are looking forward to the second-quarter GDP report on Thursday and the personal consumption expenditures data for June on Friday. Among other precious metals, silver fell by 0.2% to $29.14 per ounce, platinum was at $951.13 per ounce, and palladium increased by 0.1% to $908.43 per ounce.
Rise in Gold Prices as Investors Await U.S. Economic Data
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