• Gold prices hit their highest in about a week on Tuesday, buoyed by safe-haven demand after U.S. President Donald Trump rattled global markets with his tough stance on immigration.
A weaker dollar also supported bullion, while traders were turning their attention to a two-day meeting of the U.S. Federal Reserve starting later in the day for clues on the outlook for U.S. interest rates.
Spot gold had risen 0.51 percent, to $1,201.07 per ounce at 0752 GMT. It earlier touched its highest since Jan. 25 at $1,203.
The dollar index, which measures the greenback against a basket of currencies, was down 0.1 percent at 100.380.
• Spot gold may edge up to $1,205 per ounce, as it has pierced resistance at $1,197, according to Reuters technical analyst Wang Tao.
• "To go higher, gold needs constant injections from political Uncertainty or increases in geopolitical tensions. And while it seems to be getting just such support recently, without a near constant diet of investor unease gold can quickly ease back," HSBC analyst James Steel said in a note.
• Traders were also eyeing a meeting of the U.S. Fed on Tuesday and Wednesday. The Fed, which raised interest rates in December, has signaled as many as three rate rises in 2017.
• In other precious metals, spot silver was up 0.4 percent at $17.17 per ounce.
Reference: Reuters
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