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Gold prices edged lower on Tuesday amid stronger Asian stocks and a steady U.S. dollar, with investors awaiting cues from a series of upcoming central bank policy meetings and U.S. economic data.

"One of the reasons the gold session was relatively quiet may be that the market is anticipating absorption of four monetary policy meetings this week," HSBC analyst James Steel said in a note. "The market will also have to focus on the U.S. election. This leads us to think that prices will be firm this week."

Markets were pricing in around a 78 percent chance the Fed will raise rates in December, but just a 6 percent chance of a hike this week, according to the CME Group's FedWatch Tool.

"Certainly the FBI's probe into Clinton's emails makes things more uncertain with people locking into gold for a little while I think," said Ronald Leung, chief dealer at Lee Cheong Gold Dealers in Hong Kong.

Reference: Reuters