Following the pullback seen over the two previous sessions, the price of gold moved back to the upside during trading on Tuesday.
Gold for April delivery climbed $4.40 to $1248.60 an ounce but ended the session well off its high of $1,260.90 an ounce.
The rebound by the price of gold came as some traders saw the precious metal as a safe haven on the heels of an apparent terrorist attack in the Belgian capital of Brussels.
The terrorist group known as ISIS has reportedly claimed responsibility for the attacks, which killed at least 31 people and wounded more than 100 others.
Two explosions occurred at the Zaventem airport just outside the city and were followed by an explosion at a downtown subway station near the European quarter.
Responding to the news, President Barack Obama said the deadly attacks are a reminder that the world must unite to defeat the scourge of terrorism.
The attacks led to increased geopolitical concerns, although the buying interest in the gold market was somewhat subdued as U.S. stocks recovered from initial weakness.
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