Gold prices were mostly steady after hitting a six-week high on Monday as early risk-off sentiment set the tone, with investors focused on a potential U.S. rate cut later this month, while silver touched a record high.
Spot gold was down 0.1% to $4,225.91 per ounce as of 0534 GMT after touching its highest since October 21. U.S. gold futures for December delivery gained 0.1% to $4,260.20.
