Gold rose for a fourth straight day on Tuesday, hovering near a one-month high hit in the previous session, boosted by a weaker dollar and strong buying from China. Gold has recovered about $150 from a three-year low of $1,180.71 an ounce hit on June 28, after the US Federal Reserve said it would only start phasing out its stimulus once it was sure the economy was strong enough to stand on its own.
Spot gold rose 0.03 percent to $1,335.40 by 0733 GMT, after technical buying pushed it past the $1,300 level on Monday. Gold rose as much as 0.2 percent earlier in the session.
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