Gold prices were steady in early Asian trade on Tuesday after two straight sessions of falls, as a stronger dollar countered fears of a new wave of coronavirus infections in many countries.

Spot gold was unchanged at $1,695.75 per ounce by 00:38 GMT. U.S. gold futures eased 0.2% to $1,695.40.

Against key rivals, the dollar rose to a more than two-week high, making gold costlier for investors holding other currencies.

Elsewhere, Palladium slipped 0.4% to $1,887.51 per ounce and silver fell 1.2% to $15.36, while platinum climbed 0.3% to $758.98.

Source : Reuters