Gold remained flat by hovering around the same price on Tuesday even amid the gloom of US dollar trading.
During the Asian market session, spot gold traded little changed at $ 1,840 per ounce, while gold futures were positive at $ 1,842 per ounce.
The greenback dollar remained gloomy amid the absence of key catalysts in the market to stimulate more aggressive movements of the currency.
Nonetheless, gold trading remained with limited movement following an increase in 10 -year U.S. bond yields after reopening from a long weekend break in the United States.
Federal Reserve (Fed) Chairman Jerome Powell will testify on the Semi -Annual Monetary Policy Report before the Senate on Wednesday and will repeat his testimony before a different commission on Thursday.
He will explain the central bank's decision to raise interest rates last week and statements on economic developments will be scrutinized by investors.
