Spot gold steadied on Tuesday after falling for three days, but looked at risk of further weakness as the dollar edged up on comments by a Federal Reserve official that the next U.S. rate rise could come as soon as next month.

 Spot gold was trading up 0.1 percent at $1,244.90 an ounce by 0138 GMT. Prices hit the weakest in three sessions at $1,240.30 an ounce on Monday.

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