Spot gold held steady above $USUS1700 per ounce, supported by hopes that European policymakers will take decisive moves to tackle the euro zone debt crisis ahead of a finance ministers' meeting later in the day.
Spot gold edged down 0.1 per cent to $US1708.29 an ounce, after staging its biggest one-day rally in three weeks on Monday with a nearly 2 per cent climb.
US gold was little changed at $US1709.30.