• Gold price is weakening on Tuesday on the back of a rise in the US Dollar. 
• The USD’s recent decline was due to weak US jobs data, but Fed commentary put a floor under the sell-off. 
• Fed policymakers made it clear they are still not in a hurry to cut interest rates, boosting the Greenback. 

The Gold price (XAU/USD) trades down by roughly a third of a percent, in the $2,310s on Tuesday, as the US Dollar (USD) recovers, reducing the cost of Gold which is priced in USD.