Gold prices increased in early Tuesday trading due to a weaker US dollar index. August Gold futures rose by 0.19% to reach Rs 58,521 per 10 grams, while July Silver futures increased by 0.40% to reach Rs 69,462 per kg. Despite the positive outlook, the potential for US inflation data to influence precious metal trends could create volatility. While gold futures on the MCX fell by 3.06% or Rs 1,844 per 10 grams during June, they are up 6.24% or Rs 3,531 on a year-to-date basis. Meanwhile, silver futures have declined by 4.06% or Rs 2,930 in June and are down 0.26% or Rs 180 on a YTD basis.