(MENAFN)
Gold futures on the COMEX division of the New York Mercantile Exchange advanced gains on Tuesday as traders observed developments tied to the attacks on Saudi Arabian oil facilities.
The most active gold contract for December delivery increased USD1.9, or 0.13 percent, to set at USD1, 513.4 for one ounce.
Investors went to haven assets, including bonds and precious metals, after the attacks on the oil production in Saudi Arabian.
The Federal Reserve is going to finish the two day policy gathering on Wednesday, with its monetary policy statement. Any change in the interest rate will have a significant effect on the precious metal.
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