Metals Stocks: Gold prices gain after higher-than-expected reading on U.S. inflation

Gold futures end higher on Tuesday as data showing U.S. consumer prices in March rose for the fourth month in a row and the pace of inflation hit the highest level in 2½ years lifted the metal’s appeal as a hedge against inflation.

Gold futures end higher on Tuesday as data showing U.S. consumer prices in March rose for the fourth month in a row and the pace of inflation hit the highest level in 2½ years lifted the metal’s appeal as a hedge against inflation.