Gold prices remained largely stable in Asian trading on Tuesday after falling by more than 1% the previous day. The U.S. dollar surged sharply ahead of the Federal Reserve's interest rate decision later this week.

- Gold hovered near $2,740.19 per ounce, while gold futures expiring in February rose 0.2% to reach $2,770.22 per ounce.

- The yellow metal declined on Monday "due to the global sell-off in technology stocks, triggered by the unexpected success of the Chinese AI company DeepSeek. Nevertheless, gold has risen by more than 4% since the beginning of the year, and it seems that trade tensions and geopolitical concerns will push it to a new record high this year.

- Investors remain cautious ahead of the Federal Reserve's policy meeting scheduled for later this week, while uncertainty surrounding U.S. tariffs has also weighed on market sentiment.

- The U.S. dollar index jumped by 0.5% in Asian trading on Tuesday after U.S. President Donald Trump reiterated his call for higher global tariffs, which could exceed 2.5% and potentially reach 20%.

- Conversely, platinum futures fell by 0.7% to $954.75 per ounce, while silver futures dropped by 0.1% to $30.378 per ounce.

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