Gold rises for fifth consecutive session

Gold futures on the COMEX division of the New York Mercantile Exchange rose on Tuesday for the fifth consecutive session amid unstable political situation both at home and abroad.

The most active gold contract for June delivery rose 6.4 U.S. dollars, or 0.52 percent, to settle at 1,236.4 dollars per ounce.

Gold continued its upturn as the U.S. dollar index fell by 0.80 percent to 98.09 as of 1842 GMT.

The index is a measure of the dollar against a basket of other major currencies. Gold and the dollar typically move in opposite directions, which means if the dollar goes down, gold futures will go up.

Investors took refuge in the precious metal when stories about President Donald Trump's sharing of "classified information" with top Russian officials at a recent White House meeting occupied the headlines.

Other geopolitical concerns, such as the uncertainty surrounding the Korean Peninsula, also led to the rise of Gold, said some analysts.

Gold futures was also pushed up by the weak U.S. Dow Jones Industrial Average, which fell by 0.04 percent as of 1853 GMT. When equities post losses, the precious metal usually rises.

Silver for July delivery rose 14.4 cents, or 0.87 percent, to close at 16.747 dollars per ounce. Platinum for July delivery was up 8.3 dollars, or 0.89 percent, to close at 937 dollars per ounce. Endite