Gold prices rose due to the depreciation of the dollar.

On Tuesday, gold prices rose after the dollar moved to lower against the other major currencies, despite the decrease of tension in trade relations between the two biggest economies in the world. The US and China made it clear to negotiate, reducing fears of a full-scale trade war. By 09:50 GMT, April gold futures on COMEX, a division of the new York Mercantile exchange, rose by $1.0 or about 0.07% to $1,356.0 per ounce. The US dollar index which shows purchasing power of the dollar against a trade-weighted basket of six major currencies, was down 0.11 percent and traded at positions 88,54.