Abu dhabi: Gold nudged higher on Tuesday, with spot gold rising 0.2 percent to $4,059.81 per ounce by 0257 GMT. Spot silver gained 1 percent to $58.74 per ounce, platinum firmed 1.2 percent to $1,646.59, and palladium rose 1.2 percent to $1,279.55.

According to Emirates News Agency, the increase in gold prices comes as investors continue to evaluate economic indicators and market trends. The positive movement in precious metals suggests a growing interest among investors seeking safe-haven assets amidst global market uncertainties.