CHICAGO, May 7 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange edged up on Tuesday as plunging U.S. stocks boosted safe-haven appeal.

The most active June gold was up 1.8 U.S. dollars, or 0.14 percent, to close at 1,285.60 dollars per ounce.

The Wall Street stock benchmarks slid more than 2 percent on Tuesday, with the Dow Jones Industrial Average plunging some 500 points on concerns about escalating global trade frictions.

When equities post losses, the precious metal usually goes up, as investors are looking for a safe haven.

However, a firmer dollar curbed the rise of gold. The U.S. dollar index, a gauge of the greenback against six major peers, rose 0.11 percent to 97.66 shortly before gold's settlement.

If the dollar goes up, gold futures will fell the pressure as gold, priced in the dollar, becomes more expensive for investors holding other currencies.

As for other previous metals, silver for July delivery was down 0.1 cent, or 0.01 percent to settle at 14.926 dollars per ounce. Platinum for July delivery was down 7.5 dollars, or 0.85 percent, to close at 873.40 dollars per ounce. Enditem

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