India, March 25 -- Gold edged higher on Tuesday despite the dollar ticking up to an almost three-week high after the release of strong U.S. services data and amid optimism on the tariff front.
Spot gold rose 0.3 percent to $3,021.32 per ounce in European trade while U.S. gold futures were up 0.3 percent at $3,052.31.
The dollar climbed to a three-week high on the yen and was strong across various currencies after the U.S. Services PMI came in at 54.3 in March 2025, a three-month high and up from 51 in February.
On the tariff front, U.S. President Donald Trump said that tariffs on automobiles, aluminum and pharmaceuticals are coming soon, and that he may give "a lot of countries" breaks on tariffs, without providing any details.
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