- Spot gold remained flat at 1,234.90 an ounce by 0040 GMT while U.S. gold lost 0.7 percent to $1,236 an ounce. Spot gold dropped on Monday to $1,228.9, lowest since March 2.
- Market expects the Bank of Japan to hold policy steady on Tuesday, as Governor Haruhiko Kuroda has said he hopes to spend more time assessing the impact on the economy of its negative interest rate policy that it unveiled in January.
- The U.S. Federal Reserve's two-day policy meeting will start on Tuesday and be watched for clues on the future pace of U.S. rate increases.
- SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings fell 1.08 percent to 790.14 tonnes on Monday from 798.77 tonnes on Friday. In terms of ounces, holdings fell to 25,403,927.26 ounces from 25,681,155.43.
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