Gold stabilizes as dollar loses ground

Gold prices stabilized positively on Tuesday as the dollar slipped against a basket of major rivals, while markets analyse a batch of statements from Fed officials. 

Fed Cleveland President Loretta Mister said she could support a decision to slow down the pace of rate hikes in December. 

It comes after the Fed raised interest rates for the fourth time in a row by 75 basis points in November. 

The dollar index fell 0.5% to 107.2 as of 18:14 GMT, with a session-high at 107.7, and a low at 107.2. 

Gold futures rose 0.1% to $1,740 an ounce as of 18:14 GMT.