Gold held steady near $900 an ounce on Tuesday, but the market was capped as investors awaited the expected passage this week of a US economic stimulus package. Investors have been taking profits after the market hit a near four-month high of $930 but failed to hold that level.
The focus is now on the US Congress and the $800 billion economic stimulus package, with investors seeking clues on whether it will be enough to shore up the sagging US economy. President Barack Obama has been urging Congress to act swiftly on the stimulus bill.