Gold increased on Tuesday rising for the third straight day together with silver amid speculation the aggressive bond-purchasing program by the Federal Reserve may be reduced on the central bank's policy meeting starting today. Bullion for December delivery added 0.5% to $1,248.06 an ounce and traded at $1,245.64 at 2:31 p.m. Singapore time, while silver for settlement in December traded at $20.2453 an ounce.