CHICAGO, July 14 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell slightly on Tuesday as investors took profits.

The most active gold contract for August delivery fell 0.7 U.S. dollars, or 0.04 percent, to close at 1,813.4 dollars per ounce.

Though investors taking profits put pressure on the price of the precious metal, gold kept trading in a narrow range as a result of strained ties between the United States and China, rising COVID-19 cases in the United States.

Gold was also under pressure as the U.S. Department of Labor released a report showing its consumer price index rose 0.6 percent in June. Market analysts note this is the largest gain since August 2012 and likely due to businesses reopening, and increases in the prices of petrol and food.

Gold's fall was curbed somewhat as U.S. Dollar Index fell and stock market indexes across the globe traded lower on Tuesday,

Silver for September delivery fell 25.8 cents, or 1.3 percent, to close at 19.53 dollars per ounce. Platinum for October delivery fell 26.2 dollars, or 3.04 percent, to close at 836.8 dollars per ounce. Enditem

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