Gold Steady Near Record High as Investors Seek More Fed Cues

GOLD - JAKARTA. Gold held steady near its record high on Tuesday as investors awaited U.S. Federal Reserve minutes and Chair Jerome Powell's speech for indications on how much the central bank will cut rates this year.

Spot gold was flat at $2,503.05 per ounce by 0514 GMT, slightly below an all-time high of $2,509.65 hit on Friday. U.S. gold futures were nearly unchanged at $2,540.90.