Gold futures mark first gain in 3 sessions

Gold futures finished higher on Tuesday, marking their first gain in three sessions, buoyed by weakness in the U.S. dollar as investors continued to weigh the prospects for Federal Reserve interest-rates hikes. In an interview with Reuters Tuesday, St. Louis Federal Reserve President James Bullard reiterated his call for higher U.S. interest rates to combat inflation and said he doesn’t see a recession taking place anytime soon. Gold for June delivery
GCM23,
+0.50%
rose $12.70, or 0.6%, to settle at $2,019.70 an ounce on Comex.