Minutes from the Federal Open Market Committee's most recent meeting in July, when the US central bank cut rates for the first time since the 2008 financial crisis, are due on Wednesday.
Futures are fully priced for a quarter-point cut in rates next month, and over 100 basis points of easing by the end of next year.
Signalling a possible escalation in the trade war, US President Donald Trump said on Tuesday he had to confront China over trade even if it caused short-term harm to the US economy because Beijing had been cheating Washington for decades.
Trump's remarks came hours before his government announced approval of a sale of fighter jets to Taiwan, a move sure to draw Beijing's ire and further dim prospects for a quick trade deal.
Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings rose 0.21% to 845.17 tonnes on Tuesday.
Spot gold may retest a support at $1,497 per ounce, a break below which could cause a fall to $1,480, according to Reuters technical analyst Wang Tao.
The dollar index, which measures the greenback's value against a basket of six major currencies, was flat after drifting away from a three-week high hit on Monday.
Elsewhere, silver fell 0.5 per cent to $17.04 per ounce, while platinum was too down 0.5 per cent to $844.60.
Palladium fell 0.3 per cent to $1,486.80 per ounce.
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