India, July 15 -- Gold prices rose on Tuesday to hover near a three-week high as the dollar index pulled back from a multi-week high ahead of key U.S. inflation readings due this week, which will give investors a better sense of how the Trump tariffs already in effect are being felt throughout the economy.
Persistent trade-related uncertainties and U.S. President Donald Trump's ultimatum to Russia with clear deadlines and potential consequences for refusing to end the war with Ukraine also lent support to the safe-haven precious metal.
Spot gold rose half a percent to $3,361.13 per ounce in European trade while U.S. gold futures for August delivery were up 0.3 percent at $3,368.80.
The dollar edged lower but remained near a three-week hi...