BENGALURU: Gold prices extended gains on Tuesday, hitting their highest level in more than three-and-a-half months, as a weaker U.S. dollar and growing inflationary pressure bolstered the metal's appeal as an inflation hedge.
Spot gold was up 0.2% at $1,869.12 per ounce by 0642 GMT, after hitting its highest since Jan. 29 earlier in the day. U.S. gold futures rose 0.1% to $1,869.90.
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