The yellow metal has been flat since the start of the week amid concerns over the possibility of a renewed trade war, with President Donald Trump announcing on Social Truth that the first orders have been sent to South Korea and Japan.
At 9.30am, gold was at $3,332.87, unchanged since it opened early Tuesday in Asian trading.
The trade war conflict continued after Trump announced a 25% tariff on all Korean and Japanese products exported to the United States starting August 1.
The news boosted US Treasury yields along with the US dollar.
Gold prices recovered in intraday trading on Monday but remained in a bearish position as risk appetite worsened with the US stock market falling.
Meanwhile, a stronger labor market last week fueled hopes of a rate cut in line with Donald Trump's wishes.
Gold prices are expected to continue rising as data showed that China's central bank will add purchases to its reserves in June and into next year.
Heading into the week, traders will be paying attention to the Federal Reserve (Fed)'s latest monetary policy meeting minutes and speeches by Fed officials.
