Gold prices rose on Tuesday, largely due to a weaker dollar and reduced inflation concerns after U.S. President Donald Trump suggested that the war in the Middle East could end soon. This would likely reduce the chances of central banks raising interest rates, a positive for non-yielding gold. Spot gold rose by 0.8% to $5,179.52 per ounce and U.K. gold futures for April delivery rose by 1.7%. The dollar dropped by 0%. This makes greenback-priced bullion cheaper for holders of other currencies. Meanwhile, higher energy costs have fanned inflation concerns and further dimmed the prospects of a near-term cut in interest rates by the U.