• Gold held steady on Tuesday supported by an easing dollar, with investors looking to a speech later in the day by Federal Reserve Chair Janet Yellen for clues on the outlook for U.S. monetary policy.
• Spot gold had risen 0.1 percent to $1,244.96 per ounce by 0428 GMT. It hit a near six-week low of $1,236.46 in the previous session.
• The dollar index, which tracks the greenback againsta basket of six major rivals, slipped 0.1 percent.
• She will likely reiterate the central bank's positive views about the U.S. economy and the Fed's stance of raising interest rates once more this year, said OCBC analyst Barnabas Gan.
"We are still keeping out eye on geopolitical tensions, gold thrives in uncertainty – and increased uncertainty in the near term should actually push gold prices up," said OCBC's Gan.
• Allegations of ties to Russia have cast a shadow over U.S. President Donald Trump's first five months in office, while the British government's looming Brexit talks are also fueling concern about global stability.
• Meanwhile, tensions rose as the U.S. Supreme Court on Monday handed a victory to President Trump by reviving parts of a travel ban on people from six Muslim-majority countries.
• Among other precious metals, silver rose 0.2 percent to $16.58 per ounce.
Reference: Reuters
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