Gold steadied near $1,150 an ounce as demand for physical metal picked up.
The dollar climbed to a seven-year high against the yen as Prime Minister Abe is likely to delay a planned sales tax increase.
Asian equity markets were mixed on Tuesday following a record close on Wall Street, with Japanese markets outperforming the region.
The bond market is closed Tuesday in observance of Veterans Day.
Stocks edged higher on Monday as investors tracked corporate results as the earnings season starts to wind down.
Wall Street looked set to gain on Tuesday, which is set to be a quiet day, with some markets shut for the Veterans Day holiday.
European shares closed higher on Monday, with Carlsberg among the biggest gainers after reporting earnings.
Gold settled lower on Monday as a short-covering rally that boosted prices from 4-1/2-year lows lost steam, with buyers still wary.
US crude futures settled below $78 a barrel on Monday US dollar strength outweighed worries about conflict in Libya and Ukraine.
The dollar fell for a second straight session on Monday in quiet trading as investors took more profits on earlier steep gains.
Asian bourses were mixed on Monday, with China outperforming after a new launch date was announced for an anticipated cross-border trading link.
Stocks were little changed after data had creation of 214,000 jobs in October.
Wall Street looked set for a flattish open on Monday, following mixed economic data out of China and after recording gains last week.
U.S. bond yields struggled to find direction on Friday after the all-important nonfarm payrolls data.
European stocks closed lower on Friday after the U.S. economy produced fewer than expected jobs in October and tensions in Ukraine flared.
Gold rose more than 2 percent and eyed its biggest one-day gain in nearly five months as the US the dollar retreated.
Oil prices climbed about a dollar on Friday, driven in part by concerns about a collapse of the Ukrainian ceasefire and forecasts of unseasonable cold in the Midwest.
The dollar slipped on Friday after a solid but below-expectation October U.S. jobs report.
Asian equities turned mixed in Friday's afternoon session.
Nonfarm payrolls will be the big event on Wall Street on Friday, with stock index futures ticking higher in anticipation.
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Singapore's economy grew 0.1% on-quarter in the July-to-September period, slightly better than expected.
With inflation ravaging the Venezuelan economy, food prices rose by a stunning 22.2 percent from July to August.
U.S. stock index futures ticked lower on Tuesday, following European and Asian shares downwards after weak trade data fueled growth concerns about China.