Daily Gold Update

Source: Marketwatch

San Francisco— Gold futures climbed closer to $690 an ounce Tuesday to close at their highest level since early May as the dollar fell against other major currencies, boosting demand for the precious metal.

Gold for August delivery closed up $3.30 at $684.80 an ounce on the New York Mercantile Exchange. It climbed as high as $688 during the session and hasn't closed or traded at levels this high since May 9. On Monday, gold futures fell $3.20 an ounce. See full story.