San Francisco Federal Reserve President John Williams said on Tuesday the U.S. economy remained on track for a gradual path of interest rate hikes.
A run of soft data has added to uncertainty over the pace of rate increases. The dollar eased to a one-week low against the euro and U.S. Treasury prices hovered near session highs, after figures showing slightly weaker-than-forecast rises in home prices reinforced the view of sluggish economic growth in the first quarter.
Weak data on Monday, which showed U.S. consumer spending barely rose in February and inflation retreated, had already dampened expectations that a rate hike is imminent.
Elsewhere, data showed net gold imports by China, the world's biggest bullion consumer, via main conduit Hong Kong rose in February from a 17-month low hit in the previous month.
In other precious metals, silver futures were up 1.05 percent at $15.35 an ounce, platinum futures were up 2.6 percent at $969.30 an ounce and palladium contracts were up 2.12 percent at $579 an ounce.
— CNBC's Everett Rosenfeld and Gina Francolla contributed to this report.