Gold futures ended higher on Tuesday, as a drop in equities drove safe-haven buying and the US dollar retreated. Meanwhile, the Commerce Department released a report showing that the Wholesale inventories in the US rose by slightly more than anticipated in the month of May. The Commerce Department showed that wholesale inventories climbed by 0.4 percent in May following a revised 0.4 percent drop in April. Traders are looking ahead to Congressional testimony from Federal Reserve Chair Janet Yellen Wednesday.

Gold futures for August delivery gained $3.50 or 0.29 percent, to settle at $1,213.20 an ounce on the Comex division of the New York Mercantile. While, spot gold was up 0.07 percent at $1,213.61 an ounce.

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