Gold prices steady -------

Gold prices were subdued on Tuesday as a slightly firmer dollar countered support from falling Treasury yields while investors await US economic data that could provide further indications on the outlook for US interest rates, reports Reuters.

Spot gold was steady at $2,027.22 an ounce at 1205 GMT. US gold futures were also flat at $2,041.30.

"The market got a little bit too excited after the FOMC meeting, betting on big rate cuts next year," said Quantitative Commodity Research analyst Peter Fertig.

Meanwhile, spot silver gained 0.7 per cent to $23.93 an ounce.