New York gold futures rose more than 1.9%, approaching $5250 at one point in the early trading session of the US stock market.

On Tuesday, the closing price of spot gold in New York rose by 1.10% to $5194.85 per ounce. In the Asia-Pacific market, it continued to rise since the early session, but experienced a short-term decline after 2:00 am Beijing time, approaching $5160 at one point. COMEX gold futures also rose by 1.96% to $5203.70 per ounce, reaching a daily high of $5248.70 at 23:45.