April Gold futures experienced a significant rally during Tuesday's session, reaching a six-session high before pulling back toward the close. The market gapped higher from the previous settlement, seeing an intraday high of 5,248.70. A primary tailwind for the metal was the aggregate pullback in the U.S. Dollar, which hit its lowest cumulative level since March 3rd before a late-session rebound. Meanwhile, yields on the long end of the U.S. Treasury curve showed signs of stabilization, returning to levels seen late last week. Market participants also closely monitored shifting probabilities in the CME FedWatch Tool, which reflected increasing sentiment for a 25 bps rate cut in July 2026. Cumulatively, these factors provided support for the metals complex throughout the trading day.