Bullion hovers on US monetary deadlock


Gold prices traded in a narrow range on Tuesday as investors sought more clarity around the U.S. Federal Reserve's policy outlook, but lower Treasury yields kept a floor under non-yielding bullion.

Spot gold gained 0.1% to $1,963.40 per ounce by 1147 GMT. U.S. gold futures rose 0.3% to $1,980.60.

Gold was stabilising...