Gold prices rose on Tuesday, supported by weakness in the U.S. dollar index, though receding worries about the outcome of the U.S. election and expectations of a U.S. rate increase in December could mean lower levels.

The U.S. currency fell by as much as 0.3 percent, prior to paring losses as it retreated from Monday's seven-month high against a basket of currencies, making dollar-denominated gold cheaper for holders of other currencies.

U.S. consumer prices rose in September, suggesting a steady build-up of inflation pressures that could keep the Fed on track to raise interest rates in December.

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