India Cumulative Industrial Output increased to 5.8% in June from previous 5.1%

Gold (XAU/USD) maintains its offered tone through thef the European session on Tuesday and currently nears the $4,000 psychological level. This follows the previous day’s failure to find acceptance above the $4,100 mark and suggests that the path of least resistance for the bullion remains to the downside amid a bullish US Dollar (USD) undertone.