Gold was steady on Tuesday as investors eyed US economic data due this week for clues to the strength of the world's largest economy while looking at equities to gauge investor risk appetite. Gold has benefited from worries about the US economy and weakness in other markets that highlight bullion's appeal as a safe haven or alternative investment.
Spot gold was at $1,235.25 an ounce as of 0529 GMT, compared with $1,236.66 an ounce late in New York on Monday. In other metals, silver eased to $18.92 an ounce from Monday's late price at $18.96. The metal hit a two-month high of $19.32 last week.