Gold futures ended higher Tuesday in reaction to positive signs over Greece’s bailout package. Gold futures contract for April delivery surged 1.4 percent or $23.50 to settle at $1,748.40 per ounce on the Comex division of the New York Mercantile Exchange.

Moreover, US Federal Reserve’s Chairman Ben Bernanke indicated for further monetary easing in his comments which further supported the gold rally. The US dollar also weakened making commodities stronger as the dollar index DXY which measures the US dollar performance versus its major counterpart currencies fell to 78.627 on Tuesday as compared to 79.064 on Monday’s North American trading session.

Among other metals, copper futures contract for March delivery gained 0.3 percent or $0.01 to $3.88 per pound. Silver futures for March delivery surged 1.3 percent or $0.44 to settle at $34.19 per ounce.

Platinum futures for April delivery soared 1.5 percent or $25 to settle at $1,654 per ounce while palladium futures contract of March delivery advanced 0.5 percent or $3.20 to $709.15 per ounce.