Gold Up on Tuesday, Still Heading for Monthly Loss

CNBC reported that gold followed equities up on Tuesday, but is still on track to post the biggest monthly loss since May.

As quoted in the market report:

Gold hit a low around $1,704 an ounce and was at $1,711.70 by 0713 GMT, up $2.46. It hit an 11-month high above $1,795 in early October after the U.S. Federal Reserve announced its third round of aggressive economic stimulus in September.

To view the whole CNBC report, click here.