Gold stalls

Bengaluru : Gold prices held steady on Tuesday, buoyed by a weaker dollar as investors waited for inflation data for clues on the pace of U.S. interest rate hikes.

Spot gold was mostly unchanged at $1,322 an ounce, as of 0102 GMT.

On Monday, it rose 0.5 percent in its biggest one-day percentage gain in more than a week.

U.S. gold futures were down 0.1 percent at $1,324.6 per ounce.

Asian stocks pulled further away from two-month lows on Tuesday, lifted by Wall Street´s extended rebound from last week´s steep fall.

U.S. inflation expectations edged lower last month, dulling a year-end rise, according to a Federal Reserve Bank of New York survey published on Monday.

U.S. inflation data for January is due on Wednesday and the U.S. Federal Reserve next meets on March 20-21.