The yellow metal maintained its defensive position above $3,200 as market sentiment remained supportive of currencies and safe-haven assets against the United States.
Asian and European stock markets recorded gains amid easing tariff threats that dragged down demand for the US dollar (USD) and put the world's largest economy on the brink of recession.
At 9.20 am, gold prices were at $3,222.65, up 0.36% since it opened in early trading on Tuesday in the Asian session.
Over the weekend, the White House administration announced an exemption for several technology imports from China that had previously been set at 20%.
However, Donald Trump said on Monday that Chinese smartphone and electronics parts would not be exempted but would be diverted to different tariffs.
Recently, two important monetary policy announcements from the Bank of Canada (BOC) are scheduled to be announced on Wednesday while the European Central Bank (ECB) will be made on Thursday.
In addition, the United Kingdom and Canada will publish their latest reports on inflation rates.
In the United States, macroeconomic data is expected to be relatively quiet and several Fed officials will give their statements this week.
