Gold futures tally a fourth straight session climb

Gold futures on Tuesday logged a fourth climb in a row, the longest such streak since February, as a weaker U.S. dollar and a drop in Treasury yields boosted demand for the precious metal. Gold has been "struggling to compete for attention," but selling of the metal has "retreated as prices have dropped," said Adrian Ash, director of research at BullionVault. Still, "we haven't seen any meaningful bargain hunting to date," he said. "Gold is likely to stay sidelined for as long as equities keep surging in anticipation of the economy re-opening." June gold rose $14.20, or 0.8%, to settle at $1,743 an ounce on Comex. That was the highest most-active contract settlement since Feb. 25, FactSet data show.

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